QuotedData’s morning briefing 23 April 2024 – DGN

a green cup of something hot - tea or coffee? - sitting on an open bookon which is also resting what looks like a napkin 230406 morning

In QuotedData’s morning briefing 23 April 2024:

  • Asia Dragon Trust (DGN) announced its interim results for the six months to 29 February 2024. The company’s NAV total return increased by 1.5% over the period, underperforming the MSCI All-Country Asia ex Japan Index benchmark, which delivered a 3.7% increase. The share price total return was 2%, with dividends reinvested, as the discount to NAV per share tightened to 16.0%. Following the company’s combination with abrdn New Dawn Investment Trust, effective 9 November 2023, the company acquired c.£214.7m of net assets from New Dawn in consideration for the issue of new Asia Dragon shares.

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