NatWest Group is trading 4.1% up at £711.80 after reporting a 20% rise in profit and raising its performance outlook.
- The move aligns with a firm UK banking tape, with the stock showing positive momentum following recent trading in the 679p-683.8p range.
- The company-specific earnings report and improved guidance are the primary catalysts for the jump, with no major market-wide driver required to explain the move.