Investment: 450,000 Germans invested in September
Exclusive data from broker Flatex shows various investment trends among German investors. And that two industries are surprisingly benefiting from this.
Flatex, an online broker, has reported that its 450,000 German customers shifted their portfolios in September. According to data obtained by Handelsblatt, 22 of the 200 largest stock positions saw net inflows of at least 5%. Thyssenkrupp, a German industrial conglomerate, had the highest net inflow at 22.1%, followed by Energy Fuels, a Canadian mining company, at 19.4%, and ride-sharing company Uber at 16.3%.
The data also showed that investors were selling shares in Seagate Technology and Redcare Pharmacy, with net outflows of over 25%.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.