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Rights and Issues IT beats index

By BFN News | 02:34 PM | Thursday 18 July, 2013


Rights and Issues Investment Trust's net asset value rose by 10.0% in the six months to the end of June compared with a 6.3% increase in the FTSE All-Share Index. Chairman Dr D. M. Bramwell said that after a buoyant start, the UK stock market suffered a very sharp correction in May and June as fears over the US's stance on quantitative easing impacted. Bramwell added: "The market setback had a lesser effect on smaller company share prices and this factor benefited the trust during the last six months." At 2:34pm: (LON:RIII) Rights & Issues Investment Trust share price was 0p at 770p Story provided by StockMarketWire.com

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