LSEG to Remain Resilient Despite Currency Drag -- Market Talk
Dow Jones
Jun 30, 2025
1359 GMT - London Stock Exchange Group is likely to remain resilient despite negative currency effects due to a weaker U.S. dollar, Bank of America Global research analysts write in a note. The U.S. bank expects exchange rate volatility to hit revenue negatively in second quarter and first half of the year. However, the stock-exchange and financial-information company's organic growth is likely to remain strong, they say. This is supported by its recurring revenue driven by demand for data & analytics and benefits from the Microsoft partnership, the analysts say. Shares are down 0.4% at 106.55 pounds. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
June 30, 2025 09:59 ET (13:59 GMT)
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