Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News

News :
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors 

TrackInsight: Energy Large Cap Stocks fall

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/03/2019 | 10:00am EDT

On Tuesday, July 2nd, ETFs tracking Energy Large Cap Stocks experienced a strong loss.

On Tuesday, July 2nd, ETFs tracking Energy Large Cap Stocks experienced a strong loss of -1,96% on average. It is a direct consequence of the fall in oil prices over the last few days, as it dropped -1,36% on Monday and -3,73% on Tuesday (for the WTI Crude Oil). It is obviously impacting the performance of Energy Stocks since they are in general strongly correlated to the evolution of oil prices. After a rally of over one month and 10% of gains for this segment, Tuesday abruptly stopped this virtuous circle. In 2019, Energy Stocks are still progressing notably (they are up by +11,84% on average), but over one year, they are still down by a big chunk (-14,42%) and are suffering from outflows on the primary markets of more than $4,62Bn. 13 ETFs are tracking 11 indices related to Energy Large Cap Stocks, and they gather a total of $13,14Bn of assets under management.


© www.trackinsight.com 2019
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news
11:03pPG&E : Insurers offer competing plan to rescue PG&E from bankruptcy
AQ
11:00pCENTRAL BANK OF SRI LANKA : Arivootru Educational Programme - Public Dept and Dept Management
PU
11:00pPSEG LONG ISLAND : Storm Update—July 23, 2019 9:30 p.m. ET
PU
10:53pS OIL : Expects Oil Demand to Improve This Year -- Energy Comment
DJ
10:49pMITSUBISHI HEAVY INDUSTRIES : MHI Machine Tool Launches the New MAF-E II Series of Table-type Horizontal Boring Mills
AQ
10:48pAustralia's bank watchdog raps Macquarie, HSBC, Rabobank for liquidity breach
RE
10:43pFACEBOOK : to create privacy panel, pay $5 billion to U.S. to settle allegations
RE
10:41pNISSAN MOTOR : Japan's Nissan to double global job cuts to over 10,000
AQ
10:40pEXCLUSIVE : Deutsche Bank's problem derivatives cloud recovery - sources
RE
10:40pAFT PHARMACEUTICALS : rsquo; achieves first registration of it's patented painkiller Maxigesic IV® in the pivotal Australian market
PU
Latest news
Advertisement