Stock of SIF Banat Crisana has registered, over the last sessions, the highest increase as compared to the other financial investment companies.
Thus, this stock’s price climbed to a record high of 475 lei per share, during the last session of the previous week, while Monday session closing price amounted to 440 lei per share. Ten days ago, players would have paid at most 400 lei for this stock.
The increase of SIF Banat Crisana was in line with the slightly ascending tendency all the five SIFs recorded last week.
This company’s quotations are thus drifting away from the absolute low registered during the first session of trading on the Bucharest Stock Exchange, when quotations were characterised by an important variation interval, between a minimum of 270 lei per share and a maximum of 520 lei per share.
SIF Banat Crisana quotations descended to this minimum level in February, after dividend payment day, when the smallest paid price stood at 289 lei per share.
Brokers say that as long as quotations are above the minimum level, a descending trend is out of the question for SIF, but that due to the absence of some investors for these SIFs, this stock is only recommended for speculations.
On the first seven months of this year, SIF Banat Crisana registered net profit worth 245 billion lei, the highest profit posted as compared to the other financial investment companies.
At the end of June, the unitary value of the company’s net asset amounted to 3,494 lei per share. The total value of SIF Banat Crisana placement stock stood at 431billion lei in late July.