Barings Emerging EMEA Opportunities PLC - Leeds, England-based investment firm investing mainly in emerging and frontier equity securities listed or traded on Eastern European, Middle Eastern and African securities markets - Net asset value per share amounts to 607.8 pence as at March 31, down 3.8% from 632.1p per share on September 30. For the six months ended on March 31, NAV total return is negative 2.1%, compared to the benchmark, the MSCI Emerging Markets EMEA index, which returns negative 5.5%. Looking ahead, Barings says equity markets are likely to remain volatile over the coming months as the "path for inflation and interest rates remains uncertain".
Current stock price: 508.20 pence, up 1.6% on Friday afternoon in London
12-month change: down 5.4%
By Xindi Wei, Alliance News reporter
Comments and questions to newsroom@alliancenews.com
Copyright 2023 Alliance News Ltd. All Rights Reserved.