Capital Gearing Trust Plc Reports Total Net Assets At £437 Million For The 6M Ended 5 October 2019

  • Nov 08, 2019 GMT
  • Team Kalkine
  • Capital Gearing Trust Plc (CGT) has released the half-year financial report for the six months ended 5 October 2019.
  • The net asset value (NAV) per share was 4,268p as at 5 October 2019 as compared to 4,082p as at 5 April 2019, and 3,968p a year ago.
  • At the end of the six months period, the company’s total net assets stood at £437 million, as compared to £261 million a year ago.
  • The company’s performance in the reported period got the support of a 6 per cent decline in sterling as compared to the dollar. Some 46 per cent of portfolio assets are currently held in non-sterling assets.
  • On 8th November 2019, at the time of writing, GMT 08:14 AM, CGT shares were trading at GBX 4,320.00, up by 5.00 points or 0.12 per cent against the previous day closing price.

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