Weekly Best Performing Sectors 20-Jan-13 to 26-Jan-13
U.S. House of Representatives leaders postponed a deadline for raising the debt ceiling for nearly four months and solid corporate results lifted the sentiment of investors. Once again, European equity funds occupied the top positions in the "Weekly Best Performing Sector" last week. UK FTSE 100 Index, Germany DAX Index and France CAC 40 Index booked +2.11 percent, +2.02 percent and 0.98 percent returns in the previous week. The appreciation of Euro also contributed additional returns to the European equity funds. Euro rose by 1.38 percent last week as European Central Bank said banks would pay back a greater-than-expected 137 billion euros in loans this week, which implied the financial system in Europe is under recovery.
Copyright ©2015. Alroy Financial Services Limited. All rights reserved. Member of Hong Kong Professional Insurance Brokers Association. Membership No. M-437. |
Follow Us: Show: Full Site | Mobile site |
|
The information of this page is for reference only; it does not constitute any selling purpose, solicitation of buying and recommendation for you to participate and complete any transaction. |