Christmas jubilation: This FTSE 100 stock returned 100% in 1 year.

  • December 24, 2020 08:19 AM GMT
  • Team Kalkine

The present calendar year has been the most unfavorable stretch for equities, as well as financial markets in the last decade. The huge spike in the volatility levels and the persisting uncertainty on the back of the coronavirus pandemic has distressed the functioning of businesses and asset classes.

Shares of Scottish Mortgage Investment Trust Plc (LON: SMT), the Edinburgh-headquartered investment firm, have returned a little more than 100 percent in the nearly 12-month stretch so far. With a return of over 100 percent, the stock of Scottish Mortgage has topped all the constituents of the FTSE 100 index outperforming all the shares, as well as the index.


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