{"id":267878,"date":"2010-08-03T10:30:00","date_gmt":"2010-08-03T15:30:00","guid":{"rendered":"https:\/\/www.investmentexecutive.com\/uncategorized\/consumer-stocks-outperform-in-july-russell\/"},"modified":"2010-08-03T10:30:00","modified_gmt":"2010-08-03T15:30:00","slug":"consumer-stocks-outperform-in-july-russell","status":"publish","type":"post","link":"https:\/\/www.investmentexecutive.com\/news\/research-and-markets\/consumer-stocks-outperform-in-july-russell\/","title":{"rendered":"Consumer stocks outperform in July: Russell"},"content":{"rendered":"
Stocks in the technology, consumer staples and financial services sectors in Canada outperformed in the month of July, helping the Russell Canada Index post returns of more than 7% for the month, Russell Investment Group announced on Monday.
The Russell Canada Index \u2013 a benchmark tracking the Canadian equity market \u2013 posted a return of 7.3% for the month of July, bouncing back from the -10.1% return for the second quarter of 2010.
Despite this growth, the Canadian benchmark underperformed the 8.1% return posted by the Russell Global ex-Canada Index, which is comprised of equities in more than 60 countries around the world.
Technology and consumer staples were the top performing sectors in Canada, posting returns of 12.6% and 11.6%, respectively, in July. Other strong performers included financial services, up 9.9%, and producer durables, up 9.2%.
The weakest Canadian sector was materials and processing, with returns of just 2.3%.
In contrast, the top performing sectors outside of Canada were consumer discretionary, with returns of 10.7%, consumer staples, at 9.9%, and energy, at 9.1%. Utilities represented the weakest sector, with returns of 1.2%.
Both the Canadian and ex-Canadian indexes showed large cap stocks outperforming small caps for the month of July. Large caps in Canada posted returns of 7.4% in July, compared to 7.1% for small caps.
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Russell Canada Index rebounds from Q2 declines<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2312,2313],"tags":[2437,3155],"yst_prominent_words":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/267878"}],"collection":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/comments?post=267878"}],"version-history":[{"count":0,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/posts\/267878\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/media?parent=267878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/categories?post=267878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/tags?post=267878"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.investmentexecutive.com\/wp-json\/wp\/v2\/yst_prominent_words?post=267878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}