Schroder Oriental Income (LON:SOI) Shares Up 2% - Here's What Happened

Key Points

• Schroder Oriental Income (LON:SOI) shares increased by 2% to trade at GBX 327.50 ($4.39) during mid-day trading.
• The trading volume surged by 33% from the average, with 507,546 shares changing hands.
• The Schroder Oriental Income Fund seeks to capitalize on the growth of Asian companies and their ability to return cash to shareholders.

Schroder Oriental Income (LON:SOI - ) traded up 2% during mid-day trading on Monday . The company traded as high as GBX 327.50 ($4.39) and last traded at GBX 327.50 ($4.39). 507,546 shares were traded during trading, an increase of 33% from the average session volume of 381,055 shares. The stock had previously closed at GBX 321 ($4.30).

Schroder Oriental Income Trading Up 2.0%

The company's 50 day simple moving average is GBX 312.91 and its 200 day simple moving average is GBX 290.60. The stock has a market capitalization of £749.54 million, a PE ratio of 10.04 and a beta of 0.67.

About Schroder Oriental Income

Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.

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