On July 7, 2023, the Europe Materials ETF market displayed notable strength with a 1.37% positive performance. This market, valued at approximately 1 billion EUR and consisting of 10 ETFs, witnessed a range of movements within individual funds that collectively contributed to the overall market performance.
Noteworthy among these ETFs were the iShares STOXX Europe 600 Chemicals UCITS ETF (DE) (EXV7), which recorded a daily return of 1.63%, the Xtrackers MSCI Europe Materials ESG Screened UCITS ETF (DXSC) with a daily return of 0.80%, the iShares STOXX Europe 600 Basic Resources UCITS ETF (DE) (EXV6) showing a daily return of 1.44%, and the SPDR MSCI Europe Materials UCITS ETF (STP) reflecting a 1.09% daily return.
These performances highlighted the presence of particular companies that propelled the market, including BASF SE ORD (BAS) with a robust daily return of 4.72% and one-week return of 1.64%, ANTOFAGASTA ORD (ANTO) with a daily return of 1.90%, UPM-KYMMENE OY ORD (UPM) displaying a daily return of 1.58% and a consistent one-week return of 1.58%, and ANGLO AMERICAN ORD (AAL) recording a daily return of 1.57%.
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