Overall costs rose 60% to RON63 million, the fund said in its financial report.

Net profit stood at RON128.8 million, almost fourfold higher from RON33.5 million in the same period of 2011. The figure is unchanged from a monthly report published in July.

End-June, the fund reported net assets worth RON1 billion, down 8.6% from RON1.09 billion at the end of 2011.

Monday, SIF Moldova closed up 1.82% at RON1.288 a share in Bucharest. (EUR1=RON4.5307)