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Syncona Ltd - London-based investor in healthcare companies - Reports small quarterly net asset value rise on gain on foreign exchange. Net asset value per share at June 30 stands at 197.7 pence per share, up 1.7% from 194.4p at March 31.
The value rise was ‘driven by the positive impact of foreign exchange across the portfolio and capital pool,’ Syncona says. However, it adds: ‘The share prices of our listed holdings have continued to be negatively impacted by market volatility. We remain confident in the fundamentals of our companies’.
Current stock price: 199.00 pence, down 0.3% on Tuesday
12-month change: down 7.4%
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