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Aug 26, 2023

Intermediate Capital Group rises Thursday, outperforms market

Shares of Intermediate Capital Group PLC ICP, +0.71% inched up 0.71% to £13.53 Thursday, on what proved to be an all-around grim trading session for the stock market, with the FTSE 100 Index UKX,

Shares of Intermediate Capital Group PLC ICP, +0.71% inched up 0.71% to £13.53 Thursday, on what proved to be an all-around grim trading session for the stock market, with the FTSE 100 Index UKX, -0.46% falling 0.46% to 7,439.13.

Intermediate Capital Group PLC closed £1.64 below its 52-week high (£15.16), which the company reached on June 13.

Trading volume (510,447) remained 155,364 below its 50-day average volume of 665,811.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

A fierce artificial intelligence-led rally in the U.S. stock market seems to run out of steam in August, but expect September, which is just two trading days away, to be more volatile if the past several decades are any guide.

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