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Plus500 Ltd on Tuesday said it remains confident of its prospects in 2024 and beyond, as it reported continued progress in the first quarter of the year. Shares in Plus500, a London-based contracts-for-difference trading platform, were up 0.1% to 2,212.00 pence on Tuesday in London. In a trading update ahead of its annual general meeting later Tuesday, Plus500 said the strategic and operational progress seen in 2023 had continued during the first quarter of 2024. As per the trading update in April, Plus500 said all key metrics were ahead of those for the fourth quarter of 2023. ‘This outstanding performance was enabled by the strength of the group’s multi-channel marketing approach, its industry-leading proprietary technology, intuitive trading platforms and robust financial position,’ Plus500 commented. ‘Based on Plus500’s recent progress, and the strategy that it has in place, the board remains confident in the outlook for the group in 2024 and beyond,’ it added. Copyright 2024 Alliance News Ltd. All Rights Reserved.
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