28th Mar 2014 16:46
LONDON (Alliance News) - Blackrock Commodities Income Investment Trust PLC Friday said its net asset value and share price both rose in its last quarter, but has since fallen.
The company's objectives are to achieve an annual dividend target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors.
For the three months ended February 28, the trust said its net asset value rose 3.3% and its share price rose 2.6%.
However the trust said that for the period March 1 to March 27, the company's NAV fell by 0.1% and
the share price by 3.9%.
Shares in the trust closed Friday at 105.00 pence.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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