Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

DIRECTOR DEALINGS: Zegona Communications non-exec invests GBP175,000

12th Nov 2024 13:23

(Alliance News) - The following is a round-up of share dealings by London-listed company directors and managers announced on Monday and Tuesday and not separately reported by Alliance News:

----------

Zegona Communications PLC - London-based investor in Europe's telecommunications, media and technology sectors - Non-Executive Director Richard Williams buys 54,399 shares at GBP3.20, worth GBP174,077, on Monday. He now has 82,141 shares.

----------

Arcontech Group PLC - London-based provider of products and services real-time financial market data processing and trading - Chief Executive Officer Matthew Jeffs buys 60,000 shares at average 119 pence, worth GBP71,400, on Thursday and Friday last week. Jeffs now has 995,000 shares, a 7.4% stake.

----------

Supermarket Income REIT PLC - London-based real estate investment trust for grocery properties - Benedict Green, a director of the trust's investment adviser Atrato Capital Ltd, buys 75,000 shares via Passaic Services Ltd at GBP0.70, worth GBP52,645, on Monday.

----------

Vietnam Enterprise Investments Ltd - invests in listed equities in Vietnam - Director Sarah Arkle buys 10,304 shares at average GBP5.75, worth GBP59,247, on Monday. Arkle now has 20,000 shares. Vietnam Enterprise Investments on Tuesday says its third-quarter return was 9.3%, beating the Vietnam Index return of 7.9%. On a rolling one-year basis, the company's return is 13.5%, versus 12.8% for the index.

"The implications of Donald Trump's re-election [to US president] for Vietnam's trade-driven economy are complex, with a potentially accelerated shift in US economic policy toward national competitiveness likely to inject volatility and uncertainty into emerging markets," says Tuan Le, lead portfolio manager. Returns from Vietnam equities may lag earnings growth as a result, he says. "While Vietnam's economic and trade outlook remains relatively positive, supported by pro-growth domestic policies, the potential strengthening of the dollar could increase foreign selling in emerging markets in favour of US equities. Emerging markets, including Vietnam, may continue to see valuation discounts, as was the case during Trump's previous term."

----------

By Tom Waite, Alliance News editor

Comments and questions to [email protected]

Copyright 2024 Alliance News Ltd. All Rights Reserved.

FTSE 100 Latest
Value8,262.08
Change112.81