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UIL Limited Outperforms Market with NAV Growth Amid Global Economic Uncertainties
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UIL Limited Outperforms Market with NAV Growth Amid Global Economic Uncertainties

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UIL Ltd ( (GB:UTL) ) has issued an announcement.

UIL Limited reported a 0.4% increase in its net asset value total return in December, outperforming the FTSE All Share total return Index, which decreased by 1.2%. Over the six months to December 2024, UIL achieved a 9.5% increase in NAV total return, significantly higher than the 1.9% gain by the FTSE All Share Index. The global markets were influenced by the potential economic impacts of the incoming Trump administration, interest rate changes by major central banks, and economic conditions in China that affected market sentiment in Australia. UIL’s holdings remained stable, with Resimac and Utilico Emerging Markets showing notable share price gains. Despite a decline in ordinary share prices, UIL bought back shares, and mixed performance was observed in ZDP shares.

More about UIL Ltd

YTD Price Performance: 3.24%

Average Trading Volume: 6,992

Technical Sentiment Consensus Rating: Hold

Find detailed analytics on UTL stock on TipRanks’ Stock Analysis page.

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