11th Jun 2014 11:37
LONDON (Alliance News) - London & St Lawrence Investment Co PLC Wednesday said its net asset value per share fell slightly in the quarter ended May 31, and underperformed its benchmark.
The investment trust said it net asset value as at May 31 has fallen 0.7% from the 368.79 pence NAV per share figure as at February 28.
Over the same period, the trust's benchmark, the FTSE All Share Index, fell by 0.3%.
The trust said its share price increased 2.2% in the quarter to 372.25 pence, up from 364.25 pence in the previous quarter.
Shares in the trust were trading 0.8% higher midday Wednesday, at 379.99 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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