Pacific Horizon Investment Trust Plc Reports 1.9% Decline In NAV For FY19

Pacific Horizon Investment Trust Plc (LSE: PHI), in its preliminary results for the year to 31 July 2019 has reported a decline of 1.9% in company’s net asset value (NAV) per share, as compared to a 4.2% rise in the MSCI All Country Asia ex Japan Index in sterling terms. Most of the decline in company’s NAV against the comparative index occurred in the first half of the company’s financial year. However, over the second half of the year, it increased by 15.4% compared to the comparative index.

On 6th September 2019, at the time of writing, GMT 08:04 AM, PHI shares were trading at GBX 316.75, up by 1.75 points or 0.56% against the previous day closing price.