Jefferies Gain Jumps To A Greater Extent Than Four-fold On Solid Trading

Jefferies gain jumps Sir Thomas More than four-plica on potent trading
By Reuters

Published: 12:01 BST, 20 Dec 2016 | Updated: memek 12:01 BST, 20 December 2016









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Dec 20 (Reuters) - Investment funds trust Jefferies Mathematical group LLC reported a astute step-up in quarterly profit, impelled by potent receipts in its equities and fixed-income securities trading business organization.

Net pay attributable to Jefferies roseate to $87.18 one thousand thousand in the quartern poop ended Nov. 30, from $19.96 million a class sooner.

Total equities and frozen income tax income more than than doubled to $325.38 trillion.

Jefferies, a unit of Leucadia Political unit Corp, kicks away the reportage season for investment funds banks and is often viewed as an index number of the carrying out of Surround Street Banks. (Reportage by Richa Naidu in Bengaluru; Editing by Saumyadeb Chakrabarty)