Both the Stem Cell Sector Individual Market Values and the Month To Month Sector Market Values have been updated on our company pages for July 31, 2008.
Through the first six months of 2008 ended June 30, Sector Market Value declined from $1,575,724,000 to $1,322,861,000, a decrease of 16%. During the same period, the Nasdaq Composite declined from 2,652 to 2,293, a decrease of 13.50%.
July saw a turnaround for both our Stem Cell Sector Market Value and the Nasdaq Composite, with the Stem Cell Sector increasing by a substantial percentage which approached 17%. The Nasdaq experienced a much quieter increase of just under 1.5%.
July’s increase in Sector Market Value brought the total market value of our Sector Companies to $1,545,854,000, still slightly below the December 31, 2007 total of $1,575,724,000.