IN BRIEF: Templeton Emerging Markets narrows interim pretax loss

Templeton Emerging Markets Investment Trust PLC - Edinburgh-based investment trust investing ...

Alliance News 7 December, 2023 | 9:48PM
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Templeton Emerging Markets Investment Trust PLC - Edinburgh-based investment trust investing mainly in emerging markets companies - Reports a total net asset value return of negative 0.3% over the six months to September 30, compared to a negative 0.5% return for its benchmark index, the MSCI Emerging Markets Index. As at September 30, reports NAV per share of 170.5 pence each, up from 160.5p a year prior. Declares an interim dividend of 2.00 pence per share, unchanged from a year prior. Reports net loss on investments of GBP45.0 million in the half, narrowed from a loss of GBP215.5 million the year prior. Total pretax loss is GBP4.3 million, from GBP170.7 million.

Current stock price: 146.83 pence

12-month change: up 0.6%

By Holly Beveridge, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Templeton Emerging Mkts Invmt Tr TEMIT 150.48 GBX -0.21

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