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INVESTORS SNAP NINE-WEEK BUYING STREAK IN GLOBAL EQUITY FUNDS

  • NEWS Desk Global
  • 9 hours ago
  • 1 min read

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Global equity funds saw their first weekly outflow in 10 weeks in the week to November 26, as concerns about stretched valuations, particularly in the tech sector, outweighed optimism around expected U.S. interest rate cuts next month.

Investors withdrew a net $4.48 billion from global equity funds as they registered their first weekly net sales since September 17.

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