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DJ Stoxx 600 sector ETFs see USD5m net outflows

Dow Jones Stoxx 600 sector exchange-traded funds saw USD5m of net outflows during the week ending 27 November, according to a report by BlackRock.

The largest sector ETF inflows last week were in banks with USD61.5m and telecommunications with USD52.8m.

Basic resources experienced net outflows of USD85.5m.

Year-to-date, basic resources has been the most popular sector with USD456.3m net new assets, followed by telecommunications with USD364.4m net inflows.

Travel and leisure sector ETFs have been the least popular with USD16.8m net outflows YTD.

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