CORRECTING and REPLACING: FXCM May Single Share & Stock Baskets Report

CORRECTING and REPLACING: FXCM May Single Share & Stock Baskets Report
CANNANNEW REPORT

LONDON–(BUSINESS WIRE)–Please replace the release with the following corrected version due to multiple revisions. The updated release reads: FXCM MAY SINGLE SHARE & STOCK BASKETS REPORT FXCM Group, LLC (“FXCM Group’ or ‘FXCM’), the leading international provider of online foreign exchange trading, CFD trading and related services, is today releasing its data of most popular instruments for the month of May in its Single Share CFD and proprietary Stock Basket product lines. FXCM offers fractional single share trading with no commission fees* on leading companies from the US, UK, France, Germany, Hong Kong and Australia. FXCM’s stock basket products combine the shares of multiple companies from one sector into a single tradeable instrument. The company currently boasts a portfolio of 16 stock baskets. The list of companies and weightings is available on FXCM’s stock basket website (https://www.fxcm.co.uk/stock-baskets/). Inflation is raging with the Consumer Price Index increasing to 8.6% in May from the same month a year ago, its highest level since 1981 in the US, resulting in volatile equity markets. During May, Paypal joined the top three most traded stocks for the first time along with perennials Tesla and Apple. Chinese EV company BYD Co jumped to 4th place, and along with Advanced Micro Devices, a leader in the semiconductor industry, attracted more trading interest than conventional tech giants, Alibaba, Meta, and Netflix. On the stock basket side, China Ecommerce regained its top five position as many of its component companies’ prices rebounded during the month. Volume Rank Monthly Rank Change Company Symbol 1 – Tesla Inc TSLA.us 2 ↑7 PayPal PYPL.us 3 ↑3 Apple AAPL.us 4 ↑53 BYD Co BYDC.hk 5 ↓1 Amazon.com AMZN.us 6 ↑24 Advanced Micro Devices Inc AMD.us 7 ↓4 Alibaba BABA.us 8 ↓6 Meta Platforms Inc FB.us 9 ↑1 NVIDIA NVDA.us 10 ↓2 Netflix Inc…

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