|Bid||27.80 x 100|
|Ask||29.91 x 200|
|Day's Range||29.72 - 30.05|
|52 Week Range||26.36 - 38.46|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.65%|
Argentina country-specific ETFs climbed Tuesday after the Argentinian central bank moved to shore up its currency, lifting the peso to its biggest gain in six weeks. On Tuesday, the Global X MSCI Argentina ETF (ARGT) increased 4.6% and the iShares MSCI Argentina and Global Exposure ETF (AGT) rose 3.0%. The Argentina markets have been experiencing an awful year, with ARGT down 24.8% and AGT 24.7% lower year-to-date.
Argentine companies listed in the US jumped on Thursday morning after the index provider MSCI promoted the South American nation to its flagship emerging market index. The upgrade could provide much-needed ...
Emerging markets investors love to catch falling knives, making against-the-grain bets on securities under duress. The most precipitously descending cutlery is connected with Argentina and Turkey. The drivers are common and familiar: high foreign debt, current account deficits, budget gaps, and inflation, against the backdrop of soaring oil-import costs and rising U.S. bond yields.
Argentina is facing an economic crisis and the central bank has hiked interest rates three times in a span of eight days, putting the spotlight on its funds.
There are high interest rate countries and then there is Argentina. After last week's rate hike, Argentina, one of South America's largest economies, now sports a benchmark lending rate of 40 percent. Argentina's rate hikes have been swift and substantial.
The world's top stock market is in Argentina, with a 77 percent gain recorded in 2017 and a businessman-president, Mauricio Macri, in control.
The Global X MSCI Argentina ETF (NYSE: ARGT ), the largest exchange traded fund dedicated to stocks in South America's second-largest economy, was one of the best-performing single-country ETFs last year. ...
It was a great year for U.S. stocks, with the S&P 500 index gaining about 19% in 2017 thanks to pro-growth policies out of Washington and record consumer confidence.
Although it’s not the most exciting investment, these days, you can’t go wrong with the benchmark exchange-traded fund SPDR S&P 500 ETF Trust (NYSEARCA:SPY). Year-to-date, the trust fund is up nearly 16%. However, given its remarkable rally under ever-declining volume, many investors are seeking alternative opportunities. As such, I believe there’s no better time to consider international ETFs to buy than right now.
Up 36% year-to-date, the Global X MSCI Argentina ETF (NYSEArca: ARGT) is one of this year’s best-performing single-country ETFs. Data suggest investors have recently been renewing their interest in ARGT, ...