TRADING UPDATES: PPHE Hotel crushed by pandemic; Renalytix excited Tue, 2nd Mar 2021 18:14 (Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: JPMorgan Emerging Markets Investment Trust PLC - investment trust - Net asset value per share ends 2020 at 135.0 pence compared to 108.9p at end of June. NAV total return in first half 24.9%, beating benchmark, the MSCI Emerging Markets Index, which gains 18.5% in same period. Investment manager notes recovery of markets in final six months of 2020. Austin Forey adds: "Although the situation remained severe in many countries, progress on vaccine development also offered hope that the pandemic will eventually pass. Against this background, it may seem strange to see equity markets reaching new highs; yet share prices are determined by investors making forward-looking judgements, and have therefore reflected the economic recovery and the ending of the public health crisis that we all hope for. As a result, the half year that concluded at the end of December saw strong rises not just in markets overall, but also in the share price of your company."