A
Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
5 May 2021 | 07:24am
StockMarketWire.com - Asian stock picker Schroder Oriental Income Fund reported a positive first-half performance as markets continued to bounce back on Covid-19 recovery hopes.
The company s net asset value total return per share for the six months through March rose 21%, comparing to a 17% rise in its reference benchmark.
Schroder Oriental Income declared two interim dividends for the half totalling 3.8p, unchanged year-on-year.
The company said stock prices had been driven higher by a cocktail of liquidity, fiscal stimulus, hopes of a successful vaccine rollout and the prospect of a recovery in earnings. Aggregate valuations are now well above long term averages and increasingly starting to price in a strong recovery in earnings, it said.
5 May 2021 | 11:50am
StockMarketWire.com - The FTSE 100 made a big recovery after yesterday s US tech inspired sell-off, surging 1.2% to just reclaim the 7,000 mark by midday.
Miners were leading the charge, with BHP, Glencore and Rio Tinto all making gains.
Television broadcaster ITV ticked up 0.4% to 124p as it reported a 2% uptick in first-quarter revenue amid an ongoing rebound in the advertising market.
ITV said total advertising revenue in the first half was forecast to be up around 26% year-on-year.
Online fashion retailer Boohoo shed 0.9% to 323.67p despite reporting a 35% rise in annual pre-tax profit, underpinned by a 41% jump in sales.
Boohoo forecast lower, but still respectable, revenue growth in the current year of 25%.
Overview I am pleased to report that over the year to 31 October 2020 the Company s net asset value ( NAV ) total return per Ordinary share was 8.9%. This compares favourably with a total return of 8.2% from the Company s benchmark, the MSCI Emerging Markets Net Total Return Index (in sterling terms), and reflects a significant recovery following the fall in the NAV of more than 11% for the first half of the financial year. The Ordinary share price total return for the year was 12.2%, as the discount to NAV at which the Company s shares trade narrowed slightly, to 13.4%, from 15.4% at the start of the financial year. At the time of writing, the discount to NAV stands at 13.0%.
Aberdeen Emerg IncCo (LSE:AEMC) | RNS | Aberdeen Emerg IncCo proactiveinvestors.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.co.uk Daily Mail and Mail on Sunday newspapers.