Seneca Global Income & Growth Trust (SIGT)

Sector:

Investment Firms

Index:

FTSE Fledgling

180.75p
   
  • Change Today:
      0.25p
  • 52 Week High: 181.75
  • 52 Week Low: 166.25
  • Currency: UK Pounds
  • Shares Issued: 49.36m
  • Volume: 26,014
  • Market Cap: £89.21m

Midas uncertain after game of two halves

Date: Wednesday 22 Dec 2010

LONDON (ShareCast) - Investment trust Midas Income & Growth described the six months to 31 October as a ‘game of two halves’ as the recovery seen since March 2009 moved into reverse in May and June this year.

The group, which seeks to achieve an absolute return with low volatility, saw a net asset value return of 1.9% and a share price total return of 2.6%.

Midas said the reversal of earlier gains was due to concerns about the sovereign debt crisis in Europe.

“However, July saw a resumption of the 'risk on' environment and most major markets rallied to challenge new post crisis highs later in the period,” it added.

Midas also pointed to a ‘very wide range’ of possible economic outcomes.

“The headwinds afflicting developed markets including austerity packages, obstinately high unemployment, further deleveraging by banks and sovereign debt problems, continue to act as an anchor to over positive sentiment,” it said.

“However, the corporate sector appears to be in relatively good shape, both in terms of current trading (particularly those companies with emerging economy exposure) and balance sheets which do not, in general, look over stretched.”

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

SIGT Market Data

Currency UK Pounds
Share Price 180.75p
Change Today 0.25p
% Change 0.14 %
52 Week High 181.75
52 Week Low 166.25
Volume 26,014
Shares Issued 49.36m
Market Cap £89.21m

SIGT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.51% below the market average48.51% below the market average48.51% below the market average48.51% below the market average48.51% below the market average
16.17% below the sector average16.17% below the sector average16.17% below the sector average16.17% below the sector average16.17% below the sector average
Price Trend
26.45% above the market average26.45% above the market average26.45% above the market average26.45% above the market average26.45% above the market average
3.00% above the sector average3.00% above the sector average3.00% above the sector average3.00% above the sector average3.00% above the sector average
Income
7.66% below the market average7.66% below the market average7.66% below the market average7.66% below the market average7.66% below the market average
60.47% above the sector average60.47% above the sector average60.47% above the sector average60.47% above the sector average60.47% above the sector average
Growth
26.78% above the market average26.78% above the market average26.78% above the market average26.78% above the market average26.78% above the market average
38.92% above the sector average38.92% above the sector average38.92% above the sector average38.92% above the sector average38.92% above the sector average

SIGT Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 28-Nov-19 05-Sep-19
Paid 20-Dec-19 27-Sep-19
Amount 1.68p 1.68p

Trades for 17-Jan-2020

Time Volume / Share Price
16:04 528 @ 180.00p
12:30 1,666 @ 180.00p
11:23 13,984 @ 179.65p
11:22 4,000 @ 179.65p
10:59 1,379 @ 180.00p

SIGT Key Personnel

Chair Richard A M Ramsay

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