RIT Capital Partners (RCP)

Sector:

Investment Firms

Index:

FTSE 250

1,974.00p
   
  • Change Today:
    -26.00p
  • 52 Week High: 2,025.00
  • 52 Week Low: 1,718.00
  • Currency: UK Pounds
  • Shares Issued: 143.76m
  • Volume: 174,094
  • Market Cap: £2,837.72m
  • RiskGrade: 88
  • Beta: 0.74

RIT Capital Partners H1 NAV up in 'volatile' market

By Frank Prenesti

Date: Tuesday 07 Aug 2018

LONDON (ShareCast) - (Sharecast News) - Half year net asset value at RIT Capital Partners rose to 1,882p a share from 1,839p despite a "volatile six months for markets".
The dividend was increased 3.1% to 16.5p a share for a total return on assets of 3.2%.

RIT said it maintained a cautious approach, with a net quoted equity exposure averaging 47%.

"Many of the world's economies have enjoyed a broad-based acceleration not seen since the aftermath of the financial crisis of 2008, with as many as 120 countries seeing stronger growth last year," said chairman Lord Rothschild.

"However, we continue to believe that this is not an appropriate time to add to risk. Current stock market valuations remain high by historical standards, inflated by years of low interest rates and the policy of quantitative easing which is now coming to an end."

"The cycle is in its 10thpositive year, the longest on record. We are now seeing some areas of weaker growth emerge; indeed the IMF has recently predicted some slowdown."

Rothschild said the problems confronting the Eurozone were "of concern...given the potentially destructive levels of debt in a number of countries".

He added that likelihood of trade wars had increased tension and the impact on equities had been "marked".

"Problems are likely to continue in emerging markets, compounded by rising interest rates and the US Fed's monetary policy which has drained global dollar liquidity."

"The resolution of these problems in this unpredictable era will surely be difficult. In 9/11 and in the 2008 financial crisis, the powers of the world worked together with a common approach. Co-operation today is proving much more difficult. This puts at risk the post-war economic and security order."

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RCP Market Data

Currency UK Pounds
Share Price 1,974.00p
Change Today -26.00p
% Change -1.30 %
52 Week High 2,025.00
52 Week Low 1,718.00
Volume 174,094
Shares Issued 143.76m
Market Cap £2,837.72m
Beta 0.74
RiskGrade 88

RCP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
28.61% above the market average28.61% above the market average28.61% above the market average28.61% above the market average28.61% above the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average
Price Trend
48.91% above the market average48.91% above the market average48.91% above the market average48.91% above the market average48.91% above the market average
42.41% above the sector average42.41% above the sector average42.41% above the sector average42.41% above the sector average42.41% above the sector average
Income
84.11% below the market average84.11% below the market average84.11% below the market average84.11% below the market average84.11% below the market average
94% below the sector average94% below the sector average94% below the sector average94% below the sector average94% below the sector average
Growth
33.64% above the market average33.64% above the market average33.64% above the market average33.64% above the market average33.64% above the market average
26.69% above the sector average26.69% above the sector average26.69% above the sector average26.69% above the sector average26.69% above the sector average

RCP Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 03-Oct-24 04-Apr-24
Paid 25-Oct-24 26-Apr-24
Amount 19.50p 19.50p

Trades for 13-Dec-2024

Time Volume / Share Price
16:37 797 @ 1,974.00p
16:36 4,436 @ 1,974.00p
16:35 19,799 @ 1,974.00p
16:35 152 @ 1,974.00p
16:35 111 @ 1,974.00p

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