Seneca Global Income & Growth Trust (SIGT)

Sector:

Investment Firms

Index:

FTSE Fledgling

141.00p
   
  • Change Today:
      0.50p
  • 52 Week High: 181.50
  • 52 Week Low: 110.50
  • Currency: UK Pounds
  • Shares Issued: 42.96m
  • Volume: 97,119
  • Market Cap: £60.57m

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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SIGT Market Data

Currency UK Pounds
Share Price 141.00p
Change Today 0.50p
% Change 0.36 %
52 Week High 181.50
52 Week Low 110.50
Volume 97,119
Shares Issued 42.96m
Market Cap £60.57m

SIGT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.97% above the market average43.97% above the market average43.97% above the market average43.97% above the market average43.97% above the market average
48.67% above the sector average48.67% above the sector average48.67% above the sector average48.67% above the sector average48.67% above the sector average
Price Trend
20.54% below the market average20.54% below the market average20.54% below the market average20.54% below the market average20.54% below the market average
47.4% below the sector average47.4% below the sector average47.4% below the sector average47.4% below the sector average47.4% below the sector average
Income
9.74% below the market average9.74% below the market average9.74% below the market average9.74% below the market average9.74% below the market average
7.28% above the sector average7.28% above the sector average7.28% above the sector average7.28% above the sector average7.28% above the sector average
Growth
52.23% below the market average52.23% below the market average52.23% below the market average52.23% below the market average52.23% below the market average
45.73% below the sector average45.73% below the sector average45.73% below the sector average45.73% below the sector average45.73% below the sector average

SIGT Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 28-May-20 27-Feb-20
Paid 19-Jun-20 20-Mar-20
Amount 1.68p 1.68p

Trades for 07-Aug-2020

Time Volume / Share Price
16:32 2,900 @ 142.00p
15:47 10,347 @ 140.00p
15:42 710 @ 140.65p
15:23 1,400 @ 140.65p
13:38 40,000 @ 139.50p

SIGT Key Personnel

Chair Richard A M Ramsay

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