4) Steel producer Ternium (+11%)
5) The mining company Vale (+10.7%)
6) The oil company Vista Oil & Gas (+7.7%)
7) Berkshire Hathaway, Warren Buffett’s holding company (+6.1%)
8) Walmart (+5%)
9) The mining company Barrick Gold (+4.9%)
10) Free Market (+3.7%)
As for Cedears ETFs, the largest monthly increase was recorded by the MSCI Brazil (+11%)then the XLE, the energy index thanks to the strong rise in the barrel of oil, (+6.7%), and finally the QQQ, which responds to the Nasdaq index (+1.1%).
In turn this Friday it was known that US stocks had the biggest quarterly drop in two yearsdue to continued concerns about the war in Ukraine and its inflationary effect on prices and the Federal Reserve’s response.
Some sectors such as mining or steel producers had sharp increases in their prices due to the rise in the ounce of gold, considered a refuge asset, and the increase, due to the war, in the value of basic metals.
Aluminum prices posted their biggest quarterly gain since 1988 on Thursday, fueled by supply disruptions and higher production costs as a result of Russia’s invasion of Ukraine.
Source: Ambito
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