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Argo Global Listed Infrastructure Ltd. ( (AU:ALI) ) has shared an update.
Argo Global Listed Infrastructure Ltd. reported a positive performance in November, with its portfolio outperforming the benchmark index amid global market volatility. The company’s investment in Central Japan Railway significantly contributed to this success, driven by the railway operator’s strong earnings and strategic fare increase. The global listed infrastructure sector showed resilience, benefiting from investor interest in stocks with stable earnings and expectations of US interest rate cuts. Midstream Energy and Gas Distribution sectors performed particularly well, supported by a rebound in natural gas companies and rising power demand linked to AI technologies.
More about Argo Global Listed Infrastructure Ltd.
Argo Global Listed Infrastructure Ltd. provides exposure to a diverse portfolio of global infrastructure stocks. The company is listed on the Australian Securities Exchange under the code ‘ALI’ and is managed by Argo Investments. The portfolio is actively managed by Cohen & Steers, a leading specialist global real assets fund manager with over A$140 billion in assets under management.
Average Trading Volume: 89,009
Technical Sentiment Signal: Buy
For a thorough assessment of ALI stock, go to TipRanks’ Stock Analysis page.