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LSEG share price forms bullish pattern amid new settlement service launch
Summary
LSEG has launched a new settlement service including DiSH Cash, and the article mentions its share price recently formed a double-bottom technical pattern after falling to 8,102p.
Content
LSEG has launched a new settlement service that the company says will support the final leg of foreign exchange, digital asset transactions and settlements. The service will include DiSH Cash, described as operating accounts at commercial banks to provide instant ownership of a commercial bank deposit within the LSEG DiSH network and enable 24/7 movement of commercial bank money. The launch comes as LSEG's exchange business faced headwinds in 2025 amid a slowdown in London IPO activity and some companies moving to delist or dual-list abroad. The article reports that LSEG's data and analytics and risk intelligence units contributed to recent revenue growth and that the company announced a roughly £3.5 billion share buyback.
Key facts:
- The article mentions the share price fell to a low of 8,102p after declines in 2025 and has since shown a rebound pattern.
- The article mentions a double-bottom technical pattern with a neckline at 10,020p and that the price has moved above the 50-day EMA.
- The article reports third-quarter revenue rose by 4.8% to £2.21 billion, with risk intelligence at £144 million (up 9.9%), data and analytics at £982 million, and FTSE Russell at £241 million.
- The article describes DiSH Cash as providing members with instant ownership of commercial bank deposits at banks within the LSEG DiSH network and a mechanism for 24/7 movement of commercial bank money.
- The article mentions analysts' compiled estimates, with an average estimate cited at 12,330p and a most optimistic view at 13,790p compared with the reported current level near 9,050p.
- The article notes a roughly £3.5 billion share buyback announced by the company.
Summary:
The article presents the simultaneous launch of a settlement service and recent technical signs in the share price alongside reported revenue growth and a large share buyback. Undetermined at this time.
