Business
Here’s why the Macquarie (ASX:MQG) share price is surging 7% higher – The Motley Fool Australia
The Macquarie Group Ltd (ASX:MQG) share price is surging higher on Tuesday following the release of its third quarter update…
The Macquarie Group Ltd(ASX: MQG) share price is surging higher on Tuesday following the release of its third quarter update.
At the time of writing, the investment bank’s shares are up 7% to $143.45.
How did Macquarie perform in the third quarter?
For the three months ended 31 December, Macquarie experienced an improvement in trading conditions across the company.
According to the release, Macquarie’s annuity-style businesses’ combined third quarter net profit contribution was up on the prior corresponding…
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