May 20, 2013

IG Group share price surges on revenue gains

The IG Group share price surged by nearly 7 percent on Tuesday to close at 558.19 following an increase in third quarter revenue.

The financial spread betting reported an 18 percent increase in revenue during the third quarter, bringing in a total of £88.6m for the quarter.

IG Group pointed to increases in business activity due to more favourable market and economic conditions.

Speak Your Mind