Banks received the largest inflows of investor cash in the week ending 16 October 2009, according to the latest Barclays Global Investors DJ Stoxx 600 ETF net flows report.

Net inflows to all European ETFs tracking the 19 DJ Stoxx 600 supersectors totalled US$239 million, bringing year-to-date net inflows to just over US$2 billion.

Banking sector stocks remain the largest net recipient of investor funds in the year to date, with US$303 million, followed by basic resources stocks (US$272 million) and utilities (US$252 million). The financial services, media, personal and household goods and retail sectors are the only ones to have witnessed net outflows from related ETFs so far this year.

The best-performing sector indices in the year to date (in US dollar terms) are basic resources (90.3%), banks (70.9%) and construction and materials (46.1%).

Banks, basic resources, oil and gas and utilities were the sectors with the largest average daily trading volumes in associated ETFs during the last week.