Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Indian Investment Trust Plc LSE:JII London Ordinary Share GB0003450359 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  1.00 0.18% 555.00 107,092 15:20:13
Bid Price Offer Price High Price Low Price Open Price
555.00 558.00 558.00 552.00 556.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.41 -0.48 -0.45 583
Last Trade Time Trade Type Trade Size Trade Price Currency
15:20:53 AT 488 555.00 GBX

Jpmorgan Indian Investment (JII) Latest News (1)

More Jpmorgan Indian Investment News
Jpmorgan Indian Investment Takeover Rumours

Jpmorgan Indian Investment (JII) Discussions and Chat

Jpmorgan Indian Investment Forums and Chat

Date Time Title Posts
02/6/202017:51The boom in India2,141
15/6/201509:32JII PLOP6
13/12/200315:07Late Trades2

Add a New Thread

Jpmorgan Indian Investment (JII) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Jpmorgan Indian Investment trades in real-time

Jpmorgan Indian Investment (JII) Top Chat Posts

Jpmorgan Indian Investment Daily Update: Jpmorgan Indian Investment Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker JII. The last closing price for Jpmorgan Indian Investment was 554p.
Jpmorgan Indian Investment Trust Plc has a 4 week average price of 502p and a 12 week average price of 458p.
The 1 year high share price is 781p while the 1 year low share price is currently 399.50p.
There are currently 105,097,615 shares in issue and the average daily traded volume is 83,743 shares. The market capitalisation of Jpmorgan Indian Investment Trust Plc is £583,291,763.25.
sludgesurfer: I was looking to trim my holding here anyway having held for nearly six years. The discount to NAV (818p) is 9%. I've tendered all my shares, hopefully I will be able to tender them all but even if I only get 25% sold, it's a nice wee new year bounce for me. Trustnet has this trust as 3rd quartile vs its peers over 3 and 5 years. The chairman's statement isn't exactly compelling either.... From the Chairman's note from the circular: Investment performance and outlook As set out in my Chairman’s statement in the 2019 Annual Report which accompanies this document, the year to 30 September 2019 was another positive one for Indian investors, as measured by the Company’s benchmark, the MSCI India Index (in sterling terms), which returned +10.8 per cent. The Company outperformed the Benchmark, producing a total return on net assets of +11.4 per cent. over the year. In addition, the Share price rose from 630.0 pence to 744.0 pence and the discount narrowed from 14.5 per cent. at the beginning of the year to 9.3 per cent. at the year end, resulting in a total return to Shareholders of +18.1 per cent. Whilst underperformance in recent years means that the Company has underperformed the Benchmark over three years by 15.4 per cent., thereby triggering the Tender Offer, it has outperformed over five and ten years. The key factors affecting the portfolio’s performance, as well as the Indian economy and equity market over the last financial year are set out in the investment managers’ report on pages 9 to 11 of the 2019 Annual Report. While there are pockets of growth and opportunity, economic growth has recently been disappointing by historical standards, and there are no immediate signs of a cyclical recovery. 8 India retains the potential for long-term rapid growth because it has untapped human resources. India has a relatively young population, with large numbers reaching working age each year, and it remains a mainly rural society, with great potential for productivity gains from migration off the land. Whether these resources can be effectively channelled into a rapidly growing economy depends on structural reforms of a scope that have often been beyond what the Indian federal and state governments can deliver. Despite these challenges the investment managers see many investment opportunities ahead, with value emerging from the bottom up and can identify new stocks – both smaller and larger companies – to add to the portfolio.
arja: I have just edged in with a CFD but do not follow the fortunes of the rupee against sterling . If pound gettting stronger , this will have an adverse effect on JII share price . Does anyone who has followed this have any thoughts please ?
loganair: 30th November 2015 - Portfolio analysis by JP Morgan: The trust's net asset value performed in line with the benchmark, while the share price underperformed. Stock selection contributed positively, while sector allocation detracted. Not holding drug maker Dr. Reddy's Laboratories was the biggest positive contributor, as the stock collapsed following a warning from the US Food and Drug Administration over possible violations of manufacturing standards at three plants. Several of our consumer discretionary holdings also helped. On the back of an increase in domestic car sales in October and a government wage rise, auto stocks rallied and our overweights in Maruti Suzuki and Tata Motors added value. Our lack of exposure to Mahindra & Mahindra detracted the most as the company outperformed on overall utility vehicle sales touching two-year industry highs. The overweight in Sun Pharmaceutical also hurt returns as the stock fell on disappointing sales growth and general negative sentiment towards the sector brought on by the headline noise around Dr. Reddy's Laboratories.
chrisgail: Heavy purchasing of its own shares, seems company is trying to narrow discount, or, its picking up the stock from someone who wants out. The Subscription shares continue to offer an outstanding one-to-one exposure to this rise at a fraction of the share price.
nerja: The sub share can be bought for 208p, exercise price is 247 jan 2012, the share price is 268p, great value at the moment.
guru167: Can any one explain the sudden drop in share price?
tenapen: By Leonora Walters Although stock markets in India have rallied strongly since the conclusion of elections in May, in the short term these could consolidate at current levels ahead of the announcement a the new cabinet, reports JPMorgan Indian Investment Trust. However, it suggests that valuations in this country of around fifteen times consensus 2010 earnings remain attractive on a long term perspective, in particular because economic activity looks likely to trough soon – if it has not already. Indian markets faced a difficult period over the six months to 31 March and this was reflected in JPMorgan Indian Investment Trust's performance over this period, as reported in its half year results on last Friday. The company's net asset value (NAV) fell 14.5 per cent, while the MSCI India Index fell 14.1 per cent in Sterling terms. The recent market rally is reflected over the short term with the investment trust making NAV returns of 19 per cent over one month, and 43 per cent over three and six months, against 7, 38 and 33 per cent for the MSCI AC Asia Pacific ex-Japan Index, according to WINS data as of 2 June. The trust's share price returned 20 per cent over one month, and 60 per cent over three and six months, so that it currently runs on a 0.8 per cent premium to NAV, as oppose to a historic discount of -5.3 per cent. The trust is also optimistic on political stability as the Congress Party has won a large enough majority to last for a five year term. In any case market participants have been generally bullish on India over the longer term – and before the election result. Meanwhile Sukumar Rajah, chief investment officer of equities at Franklin Templeton India, who advises the Luxembourg domiciled open-ended Franklin India Fund, is optimistic about sectors including healthcare, consumer staples and financial services. A consumer market report on India published by McKinsey in 2007 projected that household consumption would triple over the next 16 years. Mark Dampier, head of research at Hargreaves Lansdown, believes that the long-term demographics for India are better than those for China. But he also notes that at present the Indian stock market is still relatively closed. He adds that stock markets do not necessarily reflect the growth of an underlying economy – a reason to buy diversified global emerging markets funds rather than trackers such as exchange traded funds (ETFs). To comment on this article please contact :
carterit: snap - also just also waiting for a gap to open up between share price and NAV
aldasoa: binladin, what is your ulterior motive in attempting to undermine the share price?
ipendlebury: Yes NAV is 348p today. So is it just market confidence that is making this share price lag so far behind?
Jpmorgan Indian Investment share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Jpmorgan I..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200716 14:49:27