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المشهد العربي
Global equity funds draw inflows for 11th week
Global equity funds continued to attract cash inflows for the 11th consecutive week, supported by corporate earnings, falling oil prices, and optimism about an agreement to reopen the Hormuz Strait. Investors poured a total of $21.15 billion into these funds during the week ending August 5, with European funds accounting for the largest share at $12.52 billion, followed by Asian funds with $8.15 billion. Meanwhile, American funds experienced a net outflow of $1.58 billion. Some sectors saw a reduction in inflows, particularly technology, which recorded its lowest level in six weeks.
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