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IG Group reports slower rise in interim profit as market volatility eases

Published by maria gbaf

Posted on January 27, 2022

1 min read

· Last updated: January 28, 2026

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IG Group Reports Slower Interim Profit Growth Amid Eased Volatility

(Reuters) – Online trading platform IG Group on Thursday reported a slower growth in half-yearly profit and said it added fewer new active clients than in the previous year, as market volatility spurred in part by the COVID-19 pandemic eased.

The London-listed firm posted a single-digit rise in pre-tax profit to 245.2 million pounds ($329.23 million) for the six months ended November 2021, compared with 227.8 million pounds a year earlier.

($1 = 0.7448 pounds)

(Reporting by Sinchita Mitra in Bengaluru; Editing by Subhranshu Sahu)

Key Takeaways

  • IG Group reports slower growth in half-yearly profit.
  • Market volatility has eased compared to the previous year.
  • Fewer new active clients were added this year.
  • Pre-tax profit rose to 245.2 million pounds.
  • The report covers the six months ending November 2021.

Frequently Asked Questions

What is the main topic?
The main topic is IG Group's slower interim profit growth due to eased market volatility.
How did IG Group's profit change?
IG Group reported a single-digit rise in pre-tax profit to 245.2 million pounds.
What caused the change in profit growth?
The change was due to eased market volatility and fewer new active clients.

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