Argo Investments Limited ( (AU:ARG) ) has issued an announcement.
Argo Investments Limited reported an increase in its net tangible asset (NTA) backing per share as of April 30, 2025, reflecting a positive trend in the Australian share market despite global trade tensions. The market rebounded strongly following a temporary pause in tariff escalations, with the S&P/ASX 200 Accumulation Index finishing the month up by 3.6%. Argo’s diversified investment portfolio, which includes significant holdings in major Australian companies, positions it well to navigate market volatility and continue delivering shareholder value.
More about Argo Investments Limited
Argo Investments Limited is one of Australia’s oldest and largest listed investment companies, founded in 1946. It actively manages a diversified portfolio of Australian shares with a low-cost, internally managed business model. The company focuses on maximizing long-term shareholder returns through reliable fully franked dividend income and capital growth, maintaining a conservative investment approach that has proven resilient over the years.
Average Trading Volume: 302,847
Technical Sentiment Signal: Buy
For a thorough assessment of ARG stock, go to TipRanks’ Stock Analysis page.