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Market Moves: Week Ending 29 November 2024

Last week’s top performing ETFs were a mixed bag, including Ethereum (EETH), long bond, hydrogen, and digital health funds. Again, market moves were largely tied to Trump’s announcements, such as the nomination of hedge fund veteran, Scott Bessent as Treasury secretary.¹
On the flip side, short US (BBFD) and Australian (BBAB) government bonds fell.
There were $839.1 million in reported inflows for the week and $151.2 million in outflows, marking a week of net inflows for the Australian ETF industry.

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Looking for more ETF Express content? Check out this week’s Thematic Spotlight and Commodity Calls.

^{Forecasts are not guaranteed and undue reliance should not be placed on them. This information is based on views held by Global X as at 03/12/2024. Investing involves risk, including the possible loss of principal. Diversification does not ensure a profit nor guarantee against a loss.}

^{Brokerage commissions will reduce returns.}

^{This material represents an assessment of the market environment at a specific point in time and is not intended to be a forecast of future events, or a guarantee of future results. This information is not intended to be individual or personalised investment or tax advice and should not be used for trading purposes. Please consult a financial advisor or tax professional for more information regarding your investment and/or tax situation.}

Authored by: Global X Research Team

Date:
Dec 3, 2024

Category:
Reports

Topics:
ETF Express, Market Moves

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