9th Sep 2014 17:03
LONDON (Alliance News) - Mid Wynd International Investment Trust PLC Tuesday said its net asset valuer per share rose to 279.2 pence at June 30, from 253.1 pence a year earlier, providing a net asset value total return of 11.7% compared with a total return on the FTSE World Index of 10.0%.
The compared posted a share price total return of 8.4%.
"Last year I had to report that Mid Wynd had experienced a disappointing year despite the net asset value reaching an all-time high," Chairman Richard Burns said in a statement.
"I am glad to say that this year's outcome was somewhat better in comparison with stock market indices, although in absolute terms the results were exactly the same as the previous year," he added.
The stock was quoted down 0.5% at 285.00 pence Tuesday.
By Anthony Tshibangu; [email protected]; @AnthonyAllNews
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