|Bid||27.60 x 100|
|Day's Range||30.72 - 30.97|
|52 Week Range||20.50 - 31.96|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.74%|
India's equity markets are soaring so far in 2017, pushing valuations above their long-term averages. India’s economy is scoring well due to high GDP growth and government reforms.
Emerging Markets Unlike its neighbor Brazil, Argentina is mostly enjoying good news these days. Indexer MSCI is expected to confirm next month that Argentina will be elevated from frontier to emerging market status some time in 2018, which should draw in a new group of eligible funds and other investors interested in more developed markets. Argentina has been on the rebound since center-right President Mauricio Macri took office in December 2015, ending 12 years of left-leaning rule under Cristina and Néstor Kirchner.
Argentina's companies, with end markets in the United States and Brazil, may face heightened political risk from widening corruption investigations in Brazil. Temer denied the charges and balked at the suggestion that he step down. The Global X MSCI Argentina exchange-traded fund (ARGT) is up 1.8% this morning, but is lower by 1.3% this week, while the iShares MSCI Brazil Capped ETF (EWZ), up 7% this morning after a 16% nosedive Thursday, remains down nearly 12% on the week.