Can London Stock Exchange reverse its share price decline? – The Armchair Trader
London Stock Exchange Group LON:LSEG surprised the market at the end of July with better than expected results,with strong first half growth in annual subscription value up 5.8 percent. This points to a positive response to recent product enhancements, which could gain further momentum through the Microsoft partnership the exchange announced in 2022.
The numbers have not helped reverse a general downtrend in the shares however, which are off by more than 13% in the last six months. On top of that, the UK regulator has been looking at the exchange’s arrangements around rooftop radio at its data centre. The system allows the LSE to deliver faster connections to its low-latency connectivity service providers but could be delivering an…
