The London Stock Exchange has been down 2% in the last two days (from record highs). It had been until now resisting markets’ volatility year-to-date being still up 18%. Ahead of the H1 results to be published on Thursday, it might have been penalised by sectoral rotation (from growth to value stocks) but probably and more importantly by fears over possible signs of disruption in the strategic clearing market which has been dominated by the LSEG for some years now.
31 Jul 2018
An overreaction...
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An overreaction...
London Stock Exchange Group plc (LSEG:LON) | 8,974 -4666.5 (-0.6%) | Mkt Cap: 48,065m
- Published:
31 Jul 2018 -
Author:
Farhad Moshiri -
Pages:
3
The London Stock Exchange has been down 2% in the last two days (from record highs). It had been until now resisting markets’ volatility year-to-date being still up 18%. Ahead of the H1 results to be published on Thursday, it might have been penalised by sectoral rotation (from growth to value stocks) but probably and more importantly by fears over possible signs of disruption in the strategic clearing market which has been dominated by the LSEG for some years now.