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Argo Global Listed Infrastructure Ltd. ( (AU:ALI) ) has issued an announcement.
In September, Argo Global Listed Infrastructure Ltd.’s portfolio outperformed the benchmark index, driven by AI-related energy demand from US data centers, notably through its investment in Entergy, which announced plans to power Google’s data center in Arkansas. The company’s share price increased by 3.0% for the month and 11.2% over the September quarter, reflecting strong performance and diversification benefits compared to broader global and local equities.
More about Argo Global Listed Infrastructure Ltd.
Argo Global Listed Infrastructure Ltd. is a company listed on the Australian Securities Exchange under the code ALI. It provides exposure to a diverse portfolio of global infrastructure stocks, actively managed by Cohen & Steers, a leading specialist in global real assets fund management. The company offers global diversification and access to infrastructure opportunities across various geographies, aiming to enhance risk-adjusted returns with a proven investment approach.
Average Trading Volume: 97,969
Technical Sentiment Signal: Buy
For a thorough assessment of ALI stock, go to TipRanks’ Stock Analysis page.