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IN BRIEF: CMC Markets shares rise as lifts annual income guidance

ALN

CMC Markets PLC - London-based online trading platform for contracts for difference, financial spread bets and shares - Raises guidance for full-year net operating income to between £290 million and £310 million from £250 million to £280 million. This will be up from £288.4 million in financial 2023. The financial year for CMC ends on March 31. The company reports a ‘strong performance’ in its financial third quarter, amid improved market conditions and led by an increased contribution from its institutional business. CMC will provide a full-year trading update on April 9.

Current stock price: 135.09 pence, up 23% in London early Monday

12-month change: down 40%

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