Scottish Mortgage Trust rose more than 1% on Friday, touching 1,497p before closing at 1,450p as investors welcomed the SpaceX IPO, a notable milestone for the fund. The move helped recover some of the earlier weekly losses, reflecting improved sentiment around its venture and growth exposure. The news is positive for the trust but is unlikely to drive broader market moves.
Scottish Mortgage Trust rose more than 1% on Friday, touching 1,497p before closing at 1,450p as investors welcomed the SpaceX IPO, a notable milestone for the fund. The move helped recover some of the earlier weekly losses, reflecting improved sentiment around its venture and growth exposure. The news is positive for the trust but is unlikely to drive broader market moves.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.45
