13 Hrs
Source:
الاقتصادية
Weekly $22B Investment Flows
The past week saw record inflows of $22.01 billion into global equity funds, the largest wave in three weeks, as investors remained optimistic about the corporate earnings season, which showed a 39.7% increase in profits for the second quarter. However, market pressures persisted due to rising yields on government bonds and higher oil prices, pushing stocks to significant weekly losses, especially with bond yields reaching their highest level since 2007 and oil prices declining, amid warnings about the impact of inflation on valuations. Investors primarily focused on U.S. stocks, which recorded the largest inflows of $11.72 billion. Sector-specific flows varied, including $1.55 billion into technology funds and $536 million into gold funds. Meanwhile, bond funds continued to attract money for the twentieth consecutive day.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)