The Asia Pacific Fund (APB) Receiving Favorable Press Coverage, Study Shows

The Asia Pacific Fund (APB) Receiving Favorable Press Coverage, Study Shows

Shares of The Asia Pacific Fund (APB) opened at 12.79 on Monday. The company has a 50-day moving average price of $12.29 and a 200 day moving average price of $11.05. The Asia Pacific Fund has a one year low of $9.18 and a one year high of $12.86.

News stories about The Asia Pacific Fund (NYSE:APB) have been trending positive on Monday, AlphaOne Sentiment Analysis reports. The research group, a subsidiary of Accern, identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. The Asia Pacific Fund earned a daily sentiment score of 0.40 on AlphaOne’s scale. AlphaOne also assigned media headlines about the investment management company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near term.

About The Asia Pacific Fund

The Asia Pacific Fund, Inc (the Fund) is a diversified, closed-end, management investment company. The Fund’s investment objective is to achieve long-term capital appreciation through investment of at least 80% of investable assets in equity securities of companies in the Asia Pacific countries. The Fund’s portfolio of investments includes banking, materials, consumer discretionary, real estate, industrials, insurance, utilities, consumer staples, semiconductors and semiconductor equipment, telecommunication services, real estate investment trusts and information technology.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “APB”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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