BlackRock Throgmorton Trust PLC GBP (GB:THRG) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
BlackRock Throgmorton Trust PLC reported a challenging September with a -2.5% return, slightly underperforming its benchmark. Despite robust UK economic data and positive trends in the housing market, uncertainty around the UK Government’s upcoming budget and fears of potential tax changes have spurred market volatility, particularly impacting small and mid-cap stocks. Notably, WH Smith emerged as a strong performer, benefiting from increased travel retail sales and a share buyback announcement, while TT Electronics faced setbacks due to operational issues, resulting in a profit warning.
For further insights into GB:THRG stock, check out TipRanks’ Stock Analysis page.