London Finance & Investment (GB:LFI) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
London Finance & Investment Group PLC has liquidated its stock market investments, opting to hold £23.2 million in short-term fixed deposits in Sterling and US dollars with an interest rate of approximately 4.7%. This strategic move reflects a shift in the company’s investment approach, potentially signaling a cautious stance in the current market environment.
For further insights into GB:LFI stock, check out TipRanks’ Stock Analysis page.