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STMZF / Alibaba shares surge on share buyback, boosting holder Scottish Mortgage Investment Trust

Alibaba shares surge on share buyback, boosting holder Scottish Mortgage Investment Trust
Alibaba Group (NYSE:BABA) shares rose more than 11% after it announced a major buyback programme, boosting Scottish Mortgage Investment Trust PLC (LSE:SMT) (SMT), a major shareholder. About 5.8% of Scottish Mortgage's funds are invested in the Chinese retailer – the FTSE 100-listed trust's single biggest holding. Read More
Posted: Mar 22 2022, 07:44
Author Name: Proactive Investors
Views: 111712

STMZF News  

Scottish Mortgage Investment Trust: Waiting For A Buy Signal

By Seeking Alpha
October 18, 2023

Scottish Mortgage Investment Trust: Waiting For A Buy Signal

Scottish Mortgage Investment Trust is a closed-end fund managed by Baillie Gifford with a focus on exceptional growth companies. The fund has unique a more_horizontal

Scottish Mortgage Investment Trust: Proven Approach Could Deliver Again

By Seeking Alpha
April 11, 2023

Scottish Mortgage Investment Trust: Proven Approach Could Deliver Again

Scottish Mortgage shares have fallen a long way and trade at a sizeable discount to net asset value. The trust's strategy has worked well in the past, more_horizontal

Scottish Mortgage Investment Trust Chair Fiona McBain to step down

By Proactive Investors
March 21, 2023

Scottish Mortgage Investment Trust Chair Fiona McBain to step down

Scottish Mortgage Investment Trust PLC (LSE:SMT) has rejigged its board naming Justin Dowley as its new Chair with Fiona McBain set to leave the compa more_horizontal

Scottish Mortgage Investment Trust cuts Chinese investments and reports lower NAV

By Proactive Investors
November 11, 2022

Scottish Mortgage Investment Trust cuts Chinese investments and reports lower NAV

Scottish Mortgage Investment Trust PLC (LSE:SMT) reported a 15% fall in its net asset value (NAV) since the end of March as it updated investors on re more_horizontal

Scottish Mortgage Investment Trust (SMT) share price forecast

By Invezz
June 20, 2022

Scottish Mortgage Investment Trust (SMT) share price forecast

The Scottish Mortgage Investment Trust (LON: SMT) share price has been in a deep sell-off in this year as concerns about growth continues. The stock i more_horizontal

Scottish Mortgage Investment lifted off 2yr low by Alibaba results

By Proactive Investors
May 27, 2022

Scottish Mortgage Investment lifted off 2yr low by Alibaba results

Scottish Mortgage Investment Trust PLC (LSE:SMT) shares were sent higher after receiving a boost from the results of one of its major Chinese tech inv more_horizontal

Scottish Mortgage Investment Trust PLC dragged lower by these 10 stocks

By Proactive Investors
May 19, 2022

Scottish Mortgage Investment Trust PLC dragged lower by these 10 stocks

In the stock market, it is not necessarily true that what goes up, must come down but when a stock market star falls, it often falls far. Take Scottis more_horizontal

Scottish Mortgage Investment Trust sticking to its guns despite 'out of favour' approach

By Proactive Investors
May 19, 2022

Scottish Mortgage Investment Trust sticking to its guns despite 'out of favour' approach

Scottish Mortgage Investment Trust PLC (LSE:SMT) reported a 14.3% decline in the value of its assets for the year to end-March as manager James Anders more_horizontal


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