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LONDON - UIL Limited announced a 7.1% increase in net asset value (NAV) total return for August 2025, outperforming the FTSE All Share total return Index which rose by 0.9% during the same period, according to the company’s monthly factsheet published Friday.
The investment company also reported a three-month NAV total return of 24.1%, compared to the FTSE All Share total return Index of 5.4% over the same timeframe.
UIL’s performance occurred against a backdrop of heightened geopolitical tensions, with U.S. tariffs taking effect on August 1 and President Trump doubling tariffs on Indian imports to 50% later in the month. These developments reportedly led to closer diplomatic engagement between India, China, and Russia.
Market sentiment was also influenced by Federal Reserve Chairman Jerome Powell’s Jackson Hole Symposium comments, which markets interpreted as signaling a likely rate cut in September. The S&P 500 Index rose 1.9% during the month.
Among UIL’s portfolio holdings, Resimac saw its share price increase by 17.5%, while Horizon Gold and Utilico Emerging Markets rose by 1.0% and 2.9% respectively.
The company’s ordinary share price remained unchanged at 130.00p, with 17,687 shares repurchased at 129.50p. The 2026 ZDP shares maintained their price at 138.50p, while the 2028 ZDP shares decreased by 0.8% to 127.00p by month-end.
In commodities markets, gold prices increased 4.8% to $3,447.95, while copper and nickel rose 3.8% and 3.5% respectively. Brent crude oil declined 6.1% to $68.12.
The British pound strengthened against several currencies, appreciating 2.1% against both the U.S. and New Zealand dollars.
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