In QuotedData’s morning briefing 28 May 2024:
- Finsbury Growth & Income Trust (FGT) announced its interim results for the six months ended 31 March 2023. The company’s NAV total return was 5.9% while shares were up 2.7%, underperforming its benchmark index which rose 6.9% over the same period. The principal contributors to the company’s net asset value performance were RELX, Experian and Sage. The main detractors were Burberry, Remy Cointreau and Schroders.
- Infrastructure India (IIP) announced that it has terminated its conditional agreement for the disposal of Indian Energy to FA Power Renewables Private Limited due to a breach of contract by FA Power. IEL is now in discussions with other buyers and the company will make an announcement, as appropriate, in due course.
