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FUNDS 'VELEBIT' AND 'SNF' INCREASE NET ASSETS

ZAGREB, June 9 (Hina) - The Privatisation and Investment Fund 'Velebit' and the Central National Fund (SNF) enlarged their net assets through businesses in the first three months of 2000, the Varazdin Securities Market (VTV) reported. The value of the 'Velebit' Fund's net assets increased by 6.9 million kuna (US$ 873 thousand), and the net assets of the SNF rose by 19.1 million kuna ($2.4 million). In the January-March period both funds registered net profits from the investment in securities. 'Velebit' had 258.4 thousand kuna ($32.7 thousand) of this profit, while the SNF gained 284.8 thousand kuna ($36,000).(hina) jn ms
ZAGREB, June 9 (Hina) - The Privatisation and Investment Fund 'Velebit' and the Central National Fund (SNF) enlarged their net assets through businesses in the first three months of 2000, the Varazdin Securities Market (VTV) reported. The value of the 'Velebit' Fund's net assets increased by 6.9 million kuna (US$ 873 thousand), and the net assets of the SNF rose by 19.1 million kuna ($2.4 million). In the January-March period both funds registered net profits from the investment in securities. 'Velebit' had 258.4 thousand kuna ($32.7 thousand) of this profit, while the SNF gained 284.8 thousand kuna ($36,000). (hina) jn ms

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