News Formal

US stocks attracted $11bn in inflows last week as China outflows continue: Citi

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

US stocks attracted $11bn in inflows last week as China outflows continue: Citi

Investing.com -- Equity funds saw an inflow of $4 billion in the week ending October 23, 2024, while bond funds attracted $13.5 billion, according to Citi.

Emerging markets, however, faced less positive flows. Specifically, China-focused ETFs posted a second consecutive week of outflows, losing $6.4 billion despite a nearly 4% increase in net asset value. Meanwhile, gold funds experienced a notable surge, Citi reveals, drawing in $2.7 billion this week. Since May, cumulative inflows into gold funds have reached $13.6 billion.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 450. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Citi names 3 U.S. traded stocks set to benefit China's stimulus programChinese internet stocks have risen 45% since the stimulus was announced, yet Citi think there's more upside.
Källa: CNBC - 🏆 12. / 72 Läs mer »

These six stocks remain Citi's Top Picks in China's internet sector after stimulus rallyThese six stocks remain Citi's Top Picks in China's internet sector after stimulus rally
Källa: Investingcom - 🏆 450. / 53 Läs mer »