This month the MSCI Emerging Markets Index (MXEF) rose 1% to 1100 (up 8.8% since 30 June 2017) and Sterling strengthened 5% to £1 = US$1.35 (12% above its January 2017 low). The former is positive and the later negative for CLIG. Today, CLIG has published its Report and Accounts for the year ended 30 June 2017, which are precisely in line with the trading update of 19 July 2017. The provide supporting evidence behind the highlights:
18 Sep 2017
Sterling strength prompts cut
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Sterling strength prompts cut
City of London Investment Group PLC (CLIG:LON) | 328 3.3 0.3% | Mkt Cap: 166.5m
- Published:
18 Sep 2017 -
Author:
Robin Savage -
Pages:
8
This month the MSCI Emerging Markets Index (MXEF) rose 1% to 1100 (up 8.8% since 30 June 2017) and Sterling strengthened 5% to £1 = US$1.35 (12% above its January 2017 low). The former is positive and the later negative for CLIG. Today, CLIG has published its Report and Accounts for the year ended 30 June 2017, which are precisely in line with the trading update of 19 July 2017. The provide supporting evidence behind the highlights: