2nd Apr 2014 15:11
LONDON (Alliance News) - The Merchants Trust PLC Wednesday said its investment portfolio outperformed the FTSE 100 index in 2013.
According to the trust, its investment portfolio produced a capital return of 9.1%, ahead of the 3.7% return on the FTSE 100 Index. Including income, the total return of the investment portfolio was 14.0% which was ahead of the 7.6% total return on the FTSE 100 Index.
The trust's net asset value per share per share with debt at market value increased by 12.1% or by 17.5% including dividends during 2013.
Over the year, the company's share price rose by 19.1% from 412.7p to 491.5 pence. On a total return basis the company's share price including dividends increased by 24.8%
The Merchants Trust shares were Wednesday quoted at 504.99 pence, up 0.6%.
By Samuel Agini; [email protected]; @samuelagini
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