Outflow investments from stock market is over
2022.12.16 07:52
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Outflow investments from stock market is over
Budrigannews.com – The week ending December 14 saw the first inflow into global equity funds in six weeks. Investors were hopeful that falling inflation levels would prompt central banks to slow down their rate hikes.
Still, the Federal Reserve said on Wednesday that it would raise the benchmark rate by half a percentage point and that it would do so again next year.
In their first weekly net buying since November 2, investors poured a net $1.01 billion into global equity funds, according to data from Refinitiv Lipper.
Graphic: Flows of cash: U.S. and Asian equity funds, as well as global equities, bonds, and money market funds, saw net inflows of $3.4 billion and $500 million, respectively; however, approximately $2.14 billion was taken out of European funds by investors.
Financials, consumer staples, and materials saw net purchases of $559 million, $292 million, and $212 million, respectively, while technology saw a net withdrawal of $839 million among equity sector funds.
Graphic: Flows of cash: Funds in the global equity sector: Investors withdrew approximately $1.53 billion from global bond funds last week, following a net purchase of $4.96 billion.
While high-yield and government bond funds received net inflows of $4.24 billion and $1.92 billion, respectively, short- and mid-term bond funds experienced their 17th consecutive week of net selling, totaling $1.54 billion. Graphic: After three weeks of net purchases, money market funds saw a net outflow of $12.95 billion in the week ending December 14.
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Energy funds saw a gain of approximately $190 million in the eighth week of net buying, while precious metal funds saw outflows of $201 million in the ninth consecutive week of net selling, according to commodity fund data.
As per information accessible for 24,687 developing business sector (EM) reserves, security reserves were popular for the third week straight, amassing $636 million in net purchasing. After a weekly outflow, equity funds also received $215 million in inflows. Graphic: Flows of cash: EM bonds and stocks,
