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Pin to quick picksMurray International Share News (MYI)

Share Price Information for Murray International (MYI)

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Share Price: 249.50
Bid: 248.50
Ask: 249.50
Change: 0.50 (0.20%)
Spread: 1.00 (0.402%)
Open: 248.50
High: 250.50
Low: 248.00
Prev. Close: 249.00
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Murray International is an Investment Trust

To achieve an above average dividend yield, with long term growth in dividends and capital ahead of inflation, by investing principally in global equities.

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London pre-open: FTSE seen touch higher; rate decisions in focus

Mon, 14th Mar 2016 07:14

(ShareCast News) - London stocks are set open just a touch higher on Monday, despite a positive session in Asia, following solid gains at the end of last week.The FTSE 100 is seen starting six points higher than Friday's close at 6,145.There are no major UK data due on Monday but this week, investors will focus on the UK Budget Statement and the Federal Reserve rate decision on Wednesday, with the Bank of England rate announcement due on Thursday."Monday is looking rather quiet but gives markets another opportunity to properly absorb last week's ECB announcement before other central banks steal the spotlight," said Oanda's Craig Erlam.He added that the slew of rate decisions "should make for an interesting week for the markets and provide a real test of central banks' ability to successfully manage market expectations".SSE sells stake in Clyde wind farmEnergy firm SSE said it has signed agreements for the sale of 49.9% of its operational 349.6MW Clyde Wind Farm to Greencoat UK Wind and GMPF & LPFA Infrastructure LLP for a headline £355m.When the 172.8MW extension to Clyde is commissioned (currently under construction, completion expected in June 2017) the equity stake jointly owned by UKW and GLIL will be diluted to 30% with SSE retaining 70%. This shareholding implies a combined valuation of the two wind farms of £2.27m per MW.In addition to completing the construction of the extension, SSE said it would provide long term management services for the day to day operations of all 522.4MW as well as long term route to market PPAs.In March 2014 SSE announced a programme to raise £1bn from the sale of non-core assets and businesses and the sale of existing or in-development onshore wind farms. Monday's announcement takes the total proceeds achieved to date in excess of that target and will release capital to support future investment, it added.UAE healthcare provider NMC Health has reported a 46.7% jump in underlying full year profits of $150.3m on the back of a 36.8% rise in revenue to $880.9m."We expect a good year for the UAE economy in 2016 supported by a reasonable GDP growth of around 3% despite the lower oil prices, based on forecasts by leading rating agencies," the company said."However, for the local healthcare sector the key accelerating driver of growth will be the on-going adoption of mandatory healthcare insurance in Dubai and the expected increase in covered patient rising from 1m to 3m according to Dubai Healthcare Authority (DHA).Murray International Trust reported on a year of depressed returns on Monday, with net asset value total return of -7.8% in 2015, down from 3% a year earlier. Share price total return was -15.2% in the calendar year, compared with 1.7%, and benchmark total return was 2.6%, down from 7.5%.The FTSE 250 investment trust revealed a revenue return per share of 45.7p, up from 40.8p in 2014, and recommended a final dividend of 15p, taking the total dividend per share to 46.5p - a lift from 45p in the prior year.
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27 Feb 2013 08:47

Murray International posts net asset value total return of 14 per cent

FTSE 250-listed Murray International Trust has reported a net asset value (NAV) total return of 14 per cent in the year ended December 31st. The company further recorded a benchmark total return of 11.4%. The total ordinary dividend increased by 9.5% compared with 2011 and shares traded at a premi

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28 Jan 2013 07:25

Murray International issues 2.0m pounds-worth of shares

Murray International, the FTSE 250-listed independent trust, has issued 2.0m pounds-worth of shares through an issue of equity. According to a statement issued by the trust on Monday, it issued 190,000 new ordinary shares of 25p each for a cash price of 1090.0789p per share under its ordinary share

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29 Aug 2012 16:08

Centamin director stocks up following increased gold production

Senior Independent Non-Executive Director at Centamin, Gordon Edward Haslam, purchased 52,056 shares in the Egypt-focused gold miner on Wednesday. Haslam purchased the shares at 76p each for a total of £39,563, taking his total holding to 102,056 shares. The transaction comes two weeks after the

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22 Aug 2012 08:05

Murray warns of choppy seas ahead

Murray International Trust beat its benchmark in the first half of the year, while complaining of 'extremely harsh investment conditions'. The firm was decidedly downbeat on the outlook going forward, saying that securing positive financial returns could prove difficult in the near term. Net asset

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22 Aug 2012 07:30

Asian investments a winner for Murray Intl

The first half of 2012 saw Murray International Trust outpace its benchmark index, while the company's share price premium to net asset value (NAV) per share widened. The net asset value total return, with net income reinvested, for the six months to June 30th was 6.1% compared with a total return

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29 Feb 2012 09:26

Murray International keeps head above water despite euro storm

Murray International Trust (MIT) beat its benchmark at the end of 2011 with its net asset value flat on the previous year. The net asset value total return was 0.1% down on the previous year, while the benchmark index, to which Murray International compares its results, fell 4.6%. The company cert

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6 Aug 2010 08:11

Murray International sticks to southern hemisphere

Investment trust Murray International is sticking to its southern hemisphere strategy as it expects deflationary pressures to make life very difficult for companies in the developed world. NAV at the Aberdeen Asset-managed trust rose to 786.5p at end June, from 772.9p at end December. Total return

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4 Dec 2009 16:26

Ultra boss sells

Ultra Electronics chief executive Douglas Caster has generated £5.85m from the sale of just over two-fifths of his shareholding in the defence electronics supplier. He states in the announcement that the sale was for "family and tax planning reasons". Caster has also transferred his remaining 63

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3 Jul 2009 14:39

Murray International tops up while others struggle

Few fund managers can genuinely say that they have come out of the credit crisis in better shape than they went in, but Bruce Stout, manager at the Aberdeen Asset-run Murray International Trust may be the exception. The fund has been the top performer in a grouping of overseas and international gro

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