The net result recorded in the first nine months is RON160 million, double compared with the same period last year , while the total overall result for the first nine months amounted to RON379 million compared with RON208.9 million, significant influenced by higher net earnings from the reevaluation of financial assets, particularly due to share price increases for Banca Transilvania, OMV Petrom and Romgaz.
At the end of September 2019, SIF Moldova had assets totaling RON2.2 billion, up 19.7% compared with end-December 2018, and up 8.2% compared with end-September 2018, while total debt amounted to RON166.9 million, 12% lower than in the first nine months of 2018.
Of the total assets under management, the listed shares portfolio holds the main weight of 68.6% (from 74.3% in Jan-Sept 2018), while the weight of unlisted shares represents 9.3% (from 8.4%).
The main sectors in the portfolio structure are maintained, financial sector with 43.7% of the total assets value (from 41.7% in 2018) and energy sector with 13.5% (from 18.4%).
Since the beginning of the year, SIF Moldova shares grew 17.55% on a trading volume of RON83 million. The fund has a stock market value of RON1.4 billion.