Stockbroker Numis profit slumps, says UK election could hit deals

(Reuters) - UK stockbroker and corporate adviser Numis Corp said on Wednesday that tough market conditions and the upcoming general election would potentially hit deal-making volumes in the short-term, while posting a 61% slump in its annual profit. The company, listed on London's junior market and with offices in New York, earns from bourse transactions and advising companies on deals. However, its investment banking unit has been hit by lower deal volumes, while global economic uncertainty..