London, March 25, 2026, 13:48 GMT
- LSEG traded around 8,548 pence Wednesday, picking up from its previous close at 8,474 pence.
- FTSE Russell said Tuesday it’s extending its CanDeal DNA partnership for another 10 years, broadening the scope to include data, index, and portfolio analytics.
- The stock is still feeling the heat from ongoing AI concerns, while Elliott Management continues its campaign for change at the company.
London Stock Exchange Group shares changed hands near 8,548 pence on Wednesday, edging up from a prior finish at 8,474 pence. New details on the FTSE Russell deal were circulating, giving investors something else to watch. The wider London market also posted gains.
LSEG’s in the spotlight as it tries to rebuild investor confidence, shaken earlier this year when AI worries hammered the stock and Elliott Management started pressing on management. February’s £3 billion buyback—LSEG scooping up its own shares—helped ease some pressure, but uncertainty remains. Investors are eyeing the pace of growth in the company’s data businesses, wanting to see if margins can hold up.
That gave sentiment a boost. The FTSE 100 pushed up 1.1% as of 1236 GMT, following oil lower after reports emerged about a U.S. ceasefire proposal to Iran. “The market is trading now the idea that peace talks or a ceasefire could be on the way,” said Amundi’s Amelie Derambure. Reuters
FTSE Russell, which is owned by LSEG, said Tuesday it’s signed a fresh 10-year extension with CanDeal DNA. The renewed deal secures pricing on FTSE Canada fixed-income indices—an important benchmark for bond traders. This round, they’re adding more data and rolling out broader index and portfolio analytics, too. “We’re seeing rising appetite for high-quality domestic data and analytics,” said Marina Mets, FTSE Russell’s head of Americas fixed income. LSEG
Back in February, the company posted a 7.1% bump in 2025 organic income and laid out a 6.5% to 7.5% growth target for 2026. Annual subscription value, or ASV, climbed 5.9%—a nod to strong recurring sales. Shareholders had been agitating for a major buyback, according to Ninety One’s Frederick Kerr-Smiley. CEO David Schwimmer put it plainly: LSEG is “very well positioned for continued growth.” Reuters
LSEG’s valuation hasn’t escaped analyst scrutiny either. Last month, Reuters Breakingviews noted its shares trade at forward earnings multiples that closely resemble those of Euronext and Deutsche Boerse. That premium? Still belongs to U.S. names like S&P Global and other data-driven American firms.
Even so, the upturn could be fleeting. Chris Turner at ING thinks it’s “too early” to expect energy prices to tumble. Several brokerages cautioned that a fresh oil shock might push the Bank of England and European Central Bank into rate hikes by April, threatening risk appetite once more. Reuters
LSEG ticked higher Wednesday, though shares are still nowhere near that 52-week high of 11,895 pence. The company’s newest partnership arrives as investors keep wrestling with persistent questions on AI, growth, and margins—issues that have lingered over the stock in recent weeks.
