Tag: LON:PLUS

January 11, 2015 BY LeapRate Staff

Plus500 shares hit eight month high after Numis buy rating

Shares of CFD broker Plus500 Ltd (LON:PLUS) hit their highest level since last May on Friday, following a positive research note issued by an investment analyst at UK brokerage Numis Securities. Plus500 shares rose as high as £6.30 during Friday's trading session, settling to close at £6.19 - their highest closing price since May 14…

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December 10, 2014 BY LeapRate Staff

JP Morgan reduces holdings in Plus500 to just under 5%

LeapRate has learned from regulatory filings with the London Stock Exchange that investment house JP Morgan has reduced its holdings in CFD broker Plus500 (PLUS.L) to just under 5% of the company's outstanding shares. As of December 9, JPM's holdings in Plus500 were reduced to 5,738,332 shares (worth about £31.7 million), down from 6,710,399 shares held previously.…

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December 04, 2014 BY LeapRate Staff

Interview with Plus500 co-founder Alon Gonen

Interesting interview today in Israeli business website Globes with CFD broker Plus500 co-founder and Managing Director Alon Gonen. Plus500 is arguably one of the most successful forex startups from Retail Forex's golden age of new firm creation in the late 2000's, having successfully gone public on the London Stock Exchange (LON:PLUS) with a market cap…

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October 23, 2014 BY Gerald Segal

Plus500 trades up 9% after release of Q3 results update

This quarter has followed a very different pattern than last one for Plus500 (LON:PLUS). Last quarter (Q2), the old maxim 'buy the rumor and sell the news' seemed to hold, with Plus500 reporting robust results but seeing its share price tumble after reporting those results. This time it was different. Plus500 shares completed a two-day runup…

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