Investment: 48 percent net inflow for an arms company: That's how 450,000 Germans invested in July
Exclusive data from broker Flatex shows: Three stocks were bought particularly frequently, while investors withdrew a lot of money from an entire industry.
Nearly 450,000 German investors with online brokerage Flatex altered their investment positions in July, according to exclusive data obtained by Handelsblatt. Among the 200 largest stock holdings, 21 showed net inflows of more than six percent. The highest inflow was observed in the shares of a German company, which garnered a 48 percent increase.
Flatexdegiro analyzed the portfolios of all German clients to arrive at this result: stocks still constitute the most common asset, accounting for 45.7 percent of the invested wealth, followed by investments in exchange-traded index funds (ETFs), which comprised 44 percent. While ETFs generated a slight gain of 0.4 percent in July, individual stock positions saw a decline of 3.1 percent.
The analysis also reveals that investors heavily concentrated their investments in one industry, while another experienced net outflows of nearly seven percent.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
