|Bid||22.11 x 3100|
|Ask||23.98 x 1400|
|Day's Range||23.75 - 24.05|
|52 Week Range||20.88 - 27.74|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.81|
|Expense Ratio (net)||0.59%|
Most Asian Indexes End the Week on a Good Note(Continued from Prior Part)Another term for ModiOn May 23, the results were announced for India’s elections. The incumbent National Democratic Alliance, led by Prime Minister Modi’s Bharatiya Janata
Indonesia country-specific exchange traded funds stood out Thursday, strengthening on hopes of stability following a round of post-election riots that seem to be dying down. Among the best performing non-leveraged ...
China Readies for 'Long March' as Modi Is Set to Win in India(Continued from Prior Part)Another term for ModiIndia’s general elections are closing today as votes are being counted. The incumbent National Democratic Alliance, led by current Prime
Most APAC Indexes Are in the Green amid the Trade War Escalation(Continued from Prior Part)Indian indexes gainAhead of the day of the vote count on May 23, both the main Indian indexes gained. The S&P BSE Sensex gained 0.36% to close at 39,110,
Aberdeen has strengthened its positions on Singapore, Indonesia and India amid escalating trade tensions between the United States and China. Investors can play these ETFs.
Emerging Asia: Chinese Indexes Recover, Indian Indexes Shed Gains(Continued from Prior Part)Indian indexesAfter skyrocketing on May 20, Indian indexes shed some mass on May 21. The benchmark BSE Sensex dropped 383 points (0.97%) to end the day at
Emerging Asia: Chinese Indexes Drop, India Gains on May 20(Continued from Prior Part)Voting ends, exit polls outAfter almost six weeks and seven phases, voting for the next government in India ended on May 18. The exit polls came out on the same
Chinese Indexes Fall while Indian Indexes Rise Today(Continued from Prior Part)Value buying lifts the indexesIndian indexes, which are having turbulent times like other world indexes, rose on value-buying opportunities today. The S&P BSE Sensex
As ASX 200 Advances on Rate Cut Hopes, Indian Indexes Also Gain(Continued from Prior Part)Afternoon surgeBoth the S&P BSE SENSEX and the NIFTY 50 surged in the afternoon of May 16 to end up in the green. The SENSEX posted a 0.75% gain to end up
Indonesia country-specific exchange traded funds were among the worst performers Wednesday after the Southeast Asian economy recorded its biggest ever monthly trade deficit in April, revealing its ongoing struggles in a global environment gripped by trade concerns. Weighing on Indonesia's equity markets, Statistics Indonesia revealed the value of goods shipped from the country to the rest of the world plunged by 13.1% year-over-year in April, compared to economists' expectations of a 7.2% fall, the Financial Times reports. The resulting disparity between imports and exports pushed Southeast Asia's biggest economy's monthly trade deficit to $2.5 billion, Indonesia's biggest shortfall since it started recording data since 1950.
Amid trade war concerns and speculations regarding the global economic slowdown, disappointing Indonesian GDA data puts some ETFs in focus.
In his second term, the president must decide how hard to push for looser labor laws or link wages to productivity. If he doesn’t, the country could lose manufacturing jobs to Vietnam and the Philippines. If he does, he could lose his job.
After India kicked off the world's largest exercise in democracy last Thursday, on Wednesday it is Indonesia's turn. The largest Muslim-majority nation is taking part in the world's largest direct election of a president. Indonesia, with just the 193 million voters compared with India's 900 million, has no electoral-college complexities like the United States, and appoints its president straight into office.
Reelected by a wide margin, the popular president must now try to pass difficult labor laws and loosen state controls on business if he wants to win over skeptical investors. Is he willing to go that far?
Indonesia markets and country-specific ETFs rallied Friday on a new data that revealed a surprise trade surplus last month. Among the top performing areas of the market on Friday, the iShares MSCI Indonesia ...
The sharp global rally left Indonesia country-specific exchange traded funds in the dust after Credit Suisse Group AG downgraded Indonesian equities to a sell rating in anticipation of a weak phase ahead. ...
Freeport-McMoRan’s Q4 Earnings: The Word on Wall Street(Continued from Prior Part)Freeport-McMoRan’s rally As of January 18, Freeport-McMoRan (FCX) stock had risen 21.8% this year. Of the 23 analysts covering the stock, seven have assigned it
Few if any emerging markets were spared in last year's bloodbath. The 2018 decline of 15.3 percent for the MSCI Emerging Markets Index ensnared a slew of developing economies from Asia to Latin America ...
Asian markets were among the worst off in 2018 as trade tensions, U.S. interest rate hikes and China’s deleveraging policies sent investors running. However, now that the dust is settling, investors may ...
Indonesia country-specific ETFs were among the leaders on Thursday as traders hoped that a resolution to trade negotiations between the U.S. and China would help bring global trade back. On Thursday, the iShares MSCI Indonesia ETF (EIDO) rose 1.9% and VanEck Vectors Indonesia Index ETF (IDX) gained 2.3%. The emerging Asian market has been pummeled especially hard as investors exited emerging markets, due to the country’s perceived vulnerability from its reliance on global trade with its current account deficit and need to import oil.
Two neighboring emerging market stock exchanges have outperformed in late 2018. Explore several trading ideas using country-focused ETFs.
Indonesia wants to move its capital, wholesale, to a city on the island of Borneo. Three propositions identifying three different cities as potential new capitals, all in the Indonesian state of Kalimantan, now sit on the president's desk. What investors need to know is that Indonesian construction companies would stand to benefit massively from a raft of government contracts to build a capital city from scratch.
How welcome foreign visitors really are in Indonesia is a good question. It's the inaugural Indonesian event for the Washington-based ULI, which has big plans for expansion here and in Asia. The event and my research give me a great idea of where investors think markets are headed in Asia in the year ahead.