TSX gains after CPI shows US inflation rose 3%
LONDON - UIL Limited announced an 11.6% increase in net asset value (NAV) total return for September, significantly outperforming the FTSE All Share total return Index which rose by 1.9% during the same period, according to a monthly factsheet released Wednesday.
The investment company reported a three-month NAV total return of 22.0%, compared to the FTSE All Share total return Index of 6.9% over the same timeframe.
Global market performance varied in September, with the Hong Kong Hang Seng Index rising 7.1%, supported by the extension of the US-China trade truce and AI sector optimism. The S&P 500 Index gained 3.5%, benefiting from the first U.S. Federal Reserve interest rate cut of 2025, a 25 basis point reduction.
Gold prices increased 11.9% to $3,858.96, while copper rose 7.5%. Brent Crude oil declined 1.6% to $67.02 per barrel.
In currency markets, Sterling depreciated 1.6% against the Australian Dollar and 0.4% against the U.S. Dollar, while gaining against the New Zealand Dollar and Canadian Dollar.
UIL’s share price increased 13.1% in September, ending at 147.00p. The company repurchased 110,000 shares at an average price of 133.50p during the month.
The company declared a fourth quarterly interim dividend of 2.00p per ordinary share for the year ended June 30, 2025, payable on October 24 to shareholders registered as of October 3.
UIL also secured a AUD 15.0 million loan facility from Resimac for general corporate purposes, fully drawn and repayable on December 27, 2025. Additionally, the maturity date of its £24.0 million loan facility with GPLPF, of which £13.1 million has been drawn, was extended to March 31, 2026.
This information is based on UIL Limited’s monthly factsheet statement.
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