News headlines about Templeton Dragon Fund (NYSE:TDF) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Templeton Dragon Fund earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 44.8845970216632 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Templeton Dragon Fund (TDF) opened at $23.09 on Tuesday. Templeton Dragon Fund has a 12-month low of $17.88 and a 12-month high of $24.65.
In other Templeton Dragon Fund news, major shareholder City Of London Investment Grou bought 24,609 shares of the firm’s stock in a transaction dated Friday, December 29th. The stock was acquired at an average price of $21.42 per share, with a total value of $527,124.78. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders bought 159,493 shares of company stock valued at $3,614,401.
About Templeton Dragon Fund
Templeton Dragon Fund, Inc is a closed-end management investment company. The Fund invests in certain China A shares, through its investment in China Opportunities Fund, Ltd. (China Fund). It invests in various sectors, including oil, gas and consumable fuels; aerospace and defense; auto components; automobiles; banks; beverages; capital markets; chemicals; communications equipment; construction and engineering; distributors; diversified telecommunication services; electric utilities; electrical equipment; electronic equipment, instruments and components; food and staples retailing; food products; healthcare equipment and supplies; healthcare providers and services; hotels, restaurants and leisure; household durables; insurance; Internet and direct marketing retail; Internet software and services; information technology (IT) services; machinery; marine; media; paper and forest Products, and Pharmaceuticals.
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