SIF Muntenia's profit, 85% of yly target

SIF Muntenia concluded the first nine months of this year with 304bn ROL in total profit, 23bn ROL more than the profit made until late August. The company therefore attained 85% of the full-year profit target set in its S&R budget nine months through the year. SIF Muntenia’s NAV calculated in line with the National Securities Commission (CNVM) norms at the end of September amounted to 6,340 ROL, 0.7% higher than at the end of August and 29% higher than early in the year. The other financial investment companies concluded the first nine months with profits ranging from 356bn ROL and 230bn ROL and the only one to top SIF Muntenia in this regard was SIF Transilvania. The trend of SIF Muntenia’s shares on the Stock Exchange this year has not been influenced by the quotes of the other SIFs as much as it used to be. ZF