Argo Global Listed Infrastructure Ltd. (AU:ALI) has released an update.
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Argo Global Listed Infrastructure Ltd. reported an increase in their net tangible asset per share and outperformed broader equity markets and their benchmark index, with a significant year-to-date portfolio gain of 24.0%. The company benefited from global monetary easing and China’s economic stimulus, which particularly bolstered communications and gas distribution sectors within their infrastructure investments. Argo’s portfolio demonstrated strong geographic and sector diversification, contributing to its resilient performance and appeal to investors seeking global infrastructure exposure.
For further insights into AU:ALI stock, check out TipRanks’ Stock Analysis page.
