Argo Investments Limited (AU:ARG) has released an update.
Argo Investments Limited reported an increase in net tangible asset per share from $9.42 in February to $9.66 in March, reflecting a robust Australian market that saw the S&P/ASX 200 Index rise by 3.3%. The market rally was broad-based, with particularly strong performance from Real Estate Investment Trusts, led by Goodman Group’s 13% surge, while Argo’s own portfolio enjoyed a boost with Superloop’s stock jumping 30% after securing a major contract.
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