IG’s Best Week Since 2017 Pushes Stock Toward UK Blue-Chip Elite

It’s been quite the week for investors in UK trading platform IG Group Plc as the shares soar to new heights, putting the company within touching distance of the FTSE 100 Index.

A 14% rise in the stock represents the best week in more than eight years, with most of the gains coming after the London-based firm said in an update that it will deliver its medium-term revenue growth target ahead of schedule. Investors were also won over by a £75 million ($100 million) extension to a buyback program.