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TrackInsight: Swiss stocks continue upward trend

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06/18/2020 | 10:05am EDT

ETFs allowing investors to gain exposure to swiss stocks had their third consecutive day of gains yesterday.

ETFs allowing investors to gain exposure to swiss stocks on TrackInsight were up by 1,86% at the market close yesterday (Wednesday, June 17th). This is the third straight day of gains for Swiss stocks, supported by optimism about economic recovery and hopes that central banks and governments will keep providing a continuous support to boost growth. On an upward trend since the end of March, the Swiss stocks segment has almost recovered its earlier losses when it plummeted by more than 20% due to the coronavirus crisis. The cumulative performance in 2020 is still slightly negative (-1,39%). Despite the increase in return volatility amid the crisis, the segment’s activity on the primary market has remained quiet, with cumulative flows fluctuating between $ -66 million and $ +400 million. YTD inflows now stand at $ +140 million for a segment of $ 4,66 Bn of assets under management.


© www.trackinsight.com 2020
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