Hedge funds sell energy stocks, increase bearish bets

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 78%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Market News

NEW YORK/LONDON, Sept 18 - Hedge funds ditched energy stocks last week for the first time in three weeks, despite a rally in oil prices triggered by the prospect of a widening supply deficit, Goldman Sachs said in a report.

Goldman Sachs, as one of the biggest providers of lending and trading services to investors through its prime brokerage unit, is able to track hedge funds' investment trends.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 13. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks mixed as Wall Street braces for Fed meeting: Stock market news todayWall Street fixed its focus on an upcoming Federal Reserve meeting where the central bank will issue its next interest rate decision: stock market news today.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Hedge funds sell energy stocks, increase bearish betsBy Carolina Mandl and Nell Mackenzie NEW YORK/LONDON (Reuters) - Hedge funds ditched energy stocks last week for the first time in three weeks, despite ...
Source: SaltWire Network - 🏆 45. / 63 Read more »

Hedge funds sell energy stocks, increase bearish bets GoldmanFirm says levels are approaching a May 2020 low
Source: globeandmail - 🏆 5. / 92 Read more »