Gold prices edge lower; heading for weekly losses ahead of U.S.-Russia talks
LONDON - UIL Limited announced a net asset value (NAV) total return of 2.1% for July 2025, underperforming the FTSE All Share total return Index which increased by 4.0% during the same period, according to the company’s monthly factsheet.
The investment company’s three-month NAV total return was more favorable at 15.4%, outperforming the FTSE All Share total return Index of 8.8% over the same timeframe.
Global markets in July were influenced by trade developments, with the U.S. announcing several deals with major trading partners. The S&P 500 Index rose 2.2% while the Nasdaq Composite Index gained 3.7%. The U.S. dollar strengthened against the British pound by 3.6%.
In the UK, the FTSE 100 Index increased by 4.2%. Australian and New Zealand markets also showed positive performance with the ASX 200 Index and the New Zealand Stock Exchange up by 2.3% and 1.8% respectively.
Commodity markets saw mixed results with gold prices remaining relatively stable at $3,289.93, copper increasing by 13.4%, and nickel declining by 1.9%. Brent crude oil gained 7.3%, ending the month at $72.53.
Within UIL’s portfolio, Resimac’s share price rose 4.7% while Horizon Gold’s share price fell 12.8%. Utilico Emerging Markets’ share price decreased by 0.4%.
The company’s ordinary share price increased by 10.2% to 130.00p during July, with 0.4 million shares bought back at an average price of 126.45p. The 2026 and 2028 ZDP shares increased by 1.1% and 8.5% respectively to 138.50p and 128.00p.
This information was released as part of UIL Limited’s regular monthly factsheet publication.
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