Alliance Witan (ALW)

Sector:

Investment Firms

Index:

FTSE 250

1,286.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 1,298.56
  • 52 Week Low: 1,064.00
  • Currency: UK Pounds
  • Shares Issued: 400.24m
  • Volume: 369,336
  • Market Cap: £5,147m
  • Beta: 0.85

Alliance Trust posts solid first-half performance

By Josh White

Date: Thursday 25 Jul 2024

LONDON (ShareCast) - (Sharecast News) - Alliance Trust announced a solid investment performance for the first half of 2024 on Thursday, with increases in both its share price and net asset value (NAV).
The FTSE 250 company said that as of 30 June, the company's share price reached 1,212p, a 9% rise from 1,112p at the end of December.

It said its net asset value per share grew 8.4% to 1,273.9p from 1,175.1p over the same period.

The trust reported a net asset value total return of 9.5% and a share price total return of 10.2%, compared to the MSCI All Country World Index (ACWI) return of 12.2%.

Its discount to the net asset value at the end of the period narrowed slightly to -4.9% from -5.4% at the end of December, remaining considerably tighter than the average discount in the Association of Investment Companies' Global Sector.

Alliance Trust declared a second interim dividend of 6.62p, bringing the total for the first two interim dividends of 2024 to 13.24p, a 5.8% increase compared to 12.52p in the same period of 2023.

Additionally, the proposed combination with Witan Investment Trust was set for shareholder approval.

"It has been an eventful period," said chair Dean Buckley.

"Returns have been strong, and we have announced the company's intention to combine with Witan Investment Trust to create Alliance Witan."

At 0952 BST, shares in Alliance Trust were down 0.37% at 1,191.57p.

Reporting by Josh White for Sharecast.com.

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

 

Alliance Trust Market Data

Currency UK Pounds
Share Price 1,286.00p
Change Today -4.00p
% Change -0.31 %
52 Week High 1,298.56
52 Week Low 1,064.00
Volume 369,336
Shares Issued 400.24m
Market Cap £5,147m
Beta 0.85

Alliance Trust Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value Not Available
Price Trend
69.44% above the market average69.44% above the market average69.44% above the market average69.44% above the market average69.44% above the market average
79.18% above the sector average79.18% above the sector average79.18% above the sector average79.18% above the sector average79.18% above the sector average
Income Not Available
Growth
26.6% below the market average26.6% below the market average26.6% below the market average26.6% below the market average26.6% below the market average
30.96% below the sector average30.96% below the sector average30.96% below the sector average30.96% below the sector average30.96% below the sector average

Alliance Trust Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 28-Nov-24 29-Aug-24
Paid 27-Dec-24 27-Sep-24
Amount 6.73p 6.62p

Trades for 06-Dec-2024

Time Volume / Share Price
15:07 62,000 @ 1,288.00p
16:35 39,746 @ 1,286.00p
16:35 29 @ 1,286.00p
16:35 872 @ 1,286.00p
16:35 125 @ 1,286.00p

Alliance Trust Key Personnel

Chair Dean Buckley

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