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IN BRIEF: Plus500 shares up; confident on ‘strong’ financial position

ALN

Plus 500 Ltd - Haifa, Israel-based contracts-for-difference trading platform provider - Says it is in an ‘extremely strong financial position’ and confident in the outlook for 2025 and beyond. Notes that its ‘positive’ momentum continued during the first quarter, for which it had reported results last week Monday, beating market expectations. Plus500 says it will continue to pursue its strategic roadmap objectives. ‘Over recent years, Plus500 has diversified its global operations, through an enhanced product offering and expanded geographic footprint, supported by its class-leading proprietary technology and extremely strong financial position, to enable its continued global success,’ the company says.

Current stock price: 3,236.00 pence each, up 3.7% on Tuesday afternoon in London

12-month change: up 45%

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