Energy companies gained on the rise of oil prices which hit their highest level since March.
The TrackInsight segment dedicated to Energy large and mid-cap stocks ETFs surged +5,32% yesterday and benefited from $ 144 M of inflows invested through the primary market. This is the largest daily inflow since mid-April. Energy companies gained on the rise of oil prices which hit their highest level since March on Tuesday as investors optimism for a solid economic recovery grows. Despite this jump, the cumulated performance of this segment in 2020 remains largely negative, at -35,40%. However, investors keep an eye on oil prices as the energy sector might be an interesting bet for the future in case of market recovery.