Investors and Risk Aversion

: Trading has been marked by investors seeking out safer assets such as gold and government bonds and dumping riskier shares, according to The Guardian. But with campaigning for the EU referendum suspended after the death of MP Jo Cox, investors were in a calmer mood on Friday. Risk aversion continued to pervade UK and global markets over the week, with figures showing more than $1bn was pulled out of UK equity funds, the second biggest outflow over the past decade. The FTSE 100 index of leading shares closed up 1.2% on the day at 6021.09. But Friday rebound meant it was down just 1.5% over the week. Earlier in the week, the index had dipped below the 6,000 mark for the first time since February. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.