Hedge funds buy commodity stocks at fastest pace in five months, says Goldman

LONDON, July 8 - Hedge funds bought commodity sensitive stocks in the week to July 5 at the fastest pace in five months, said a Goldman Sachs note to clients seen by Reuters on Monday.

Still, energy and materials stocks were among the most net bought sectors on the bank's prime brokerage desk last week, which tracks the trades of hedge funds. Hedge funds were not so keen on the stocks of paper, forest products and chemicals, which were modestly more sold than bought, the note added.

Generally, hedge funds crept back into global stocks last week, which were more bought than sold for the first time in three weeks, according to the note.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Hedge funds dump tech stocks at fastest pace since 2016, Goldman showsSales could indicate that portfolio managers have become more bearish
Fonte: globeandmail - 🏆 5. / 92 Leggi di più »

Chip Stocks Lose Shine as Hedge Funds Snap Up Software InsteadHedge funds made an about-face last week dumping semiconductor stocks — beneficiaries of the artificial intelligence boom — while snatching up software.
Fonte: BNNBloomberg - 🏆 83. / 50 Leggi di più »

Chip Stocks Lose Shine as Hedge Funds Snap Up Software Instead(Bloomberg) -- Hedge funds made an about-face last week dumping semiconductor stocks — beneficiaries of the artificial intelligence boom — while snatching up...
Fonte: YahooFinanceCA - 🏆 47. / 63 Leggi di più »