Page 3 - Bloomberg Commodity News Today

Four of Invesco's top-performing ETFs last month were energy ETFs as commodity prices rallied on an improving economic outlook.

Axiom Financial Strategies LLC grew its holdings in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB – Free Report) by 33.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 396,776 shares of the company’s stock after purchasing an additional 98,589 shares […]

Global X launched its first broad-based commodity ETF down under, the Bloomberg Commodity ETF (BCOM).

Appleton Partners Inc. MA increased its position in GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (NYSEARCA:COMB – Get Rating) by 3.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 136,445 shares of the company’s stock after buying an additional 5,019 shares during the period. Appleton […]

The banking sector witnessed net profits growth of 19.4%

Most commodity prices witnessed a demand-led decline during the quarter

Quarterly profits reported by GCC-listed companies declined year-on-year (y-0-y) during the first quarter (Q1) of the year mainly led by a fall in energy and commodity prices, said Kuwait-based financial powerhouse Kamco in a new report.

Quarterly profits reported by GCC-listed companies declined year-on-year (y-0-y)

This was on the back of higher profits of the banking, telecom, and diversified financial sectors during the first quarter of 2023

/PRNewswire/ -- Bloomberg today announced a new benchmark in its commodities index offering with the launch of the Bloomberg Commodity (BCOM) Carbon Tilted...