GRAPHIC-Global equity funds draw inflows for the seventh week on earnings optimism

May 8 (Reuters) - Global equity funds attracted ​inflows for a ⁠seventh straight week in ​the period through May 6, supported by upbeat first quarter earnings and hopes for ​a U.S.-Iran ‌peace agreement.

Investors bought a net $4.35 billion of global equity funds during the ⁠week, though this was the smallest ⁠weekly inflow since March 18, LSEG ​Lipper data showed.

The MSCI World Index hit a record high of 1,108.94 on Thursday as a rally in technology stocks and strong earnings ​from ‌chipmaker Advanced Micro Devices boosted sentiment.

LSEG data covering 1,060 MSCI World constituents showed combined first-quarter earnings rose 22% from a year earlier, beating analysts' average forecast by about 6.3%.

Asian equity funds led regional ​inflows with a net $3.35 billion, while European funds drew a net $1.56 billion. ‌U.S. funds, by contrast, saw net outflows of $2.26 billion.

Among sector funds, investors bought a net $2.83 billion ‌of technology funds but sold a net $2.05 billion of healthcare funds.

Global bond funds saw net inflows of $17.04 billion, the largest weekly addition since February ​18.

Dollar-denominated medium-term bond funds stood out, attracting a net $4.58 billion, their biggest inflow since February ‌2. Euro-denominated bond funds and short-term bond funds drew a net $1.6 billion and $1.5 billion, respectively.

Demand for money market funds was the strongest ⁠since January 7, ⁠with investors pouring in a net $148.18 ‌billion.

Investors, however, sold a net $1.08 billion of gold and other precious metal funds in a ​second successive ​week of outflows.

In emerging markets, investors withdrew a ‌net $63 million from bond funds, ending a four-week run of inflows. Equity funds also recorded net sales of $1.46 billion, data covering 28,871 funds showed.

AMD