23rd Jul 2020 20:21
(Alliance News) -Â Oryx International Growth Fund Ltd on Thursday reported a fall in net asset value due to Covid-19, but said it has seen a recovery since the financial year end.
Net asset value per share fell to 880 pence as at March 31 from 939p a year ago.
"The year under review is a year in two parts; the first half saw a substantial rise in NAV while the second was adversely affected by the market maelstrom caused by Covid-19. I am pleased to say that overall the NAV was only down 6.34% on the year ended 31 March 2020," said Chair Nigel Cayzer.
In the three months to June 30, he added, the firm has seen a "substantial recovery".
Oryx shares closed down 1.9% at 991.00p in London on Thursday.
By Lucy Heming;Â [email protected]
Copyright 2020 Alliance News Limited. All Rights Reserved.
Related Shares:
Oryx International Growth