EIDO - iShares MSCI Indonesia ETF
| Previous Close | 27.31 |
| Open | 27.22 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 26.88 - 27.29 |
| 52 Week Range | 25.66 - 30.61 |
| Volume | 934,861 |
| Avg. Volume | 1,156,728 |
| Net Assets | 541.2M |
| NAV | 26.79 |
| PE Ratio (TTM) | N/A |
| Yield | 1.34% |
| YTD Return | -5.17% |
| Beta (3y) | 0.84 |
| Expense Ratio (net) | 0.62% |
| Inception Date | 2010-05-05 |
- Market Realist•10 days ago
Uncertainties Surround Freeport’s Indonesia Operations
Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia (EIDO) with Rio Tinto (RIO) (TRQ) as a minority partner. While the mine is a crown jewel in Freeport’s portfolio due to its vast size and attractive unit cash costs, its operations have been surrounded by uncertainties. Let’s discuss these uncertainties in perspective.
- Market Realist•2 months ago
What Makes Grasberg the Crown Jewel of Freeport’s Portfolio
As we noted in the previous part of this series, Freeport-McMoRan (FCX) expects its unit cash costs to fall in 2018, largely due to lower production costs at its Grasberg mine (RIO)(TRQ). Freeport expects a byproduct credit of $2.56 per pound at its Grasberg mine this year, bringing down the mine’s unit cash costs after byproduct credits to -$0.57 per pound. To put this figure in context, consider that the company’s unit cash costs after byproduct credits are expected to average $1.67 per pound in North America and $1.63 per pound in South America.
Market Realist•2 months agoAfter Dividend Reinstatement, What’s Freeport’s Next Priority?
As we noted previously, Freeport-McMoRan (FCX) has reinstated its dividend, which was suspended in 2015. In this article, we’ll see what could be Freeport’s management’s next priority after dividend reinstatement. During the 4Q17 earnings call, Richard Adkerson, Freeport’s CEO, said that that he has two personal milestones: “One is when Freeport starts paying dividends again and two is when I can take a group of analysts and shareholders back out to Grasberg to see the place.” While dividend reinstatement was more of a policy decision, Grasberg represents a more complex problem for Freeport.
- Zacks•2 months ago
Emerging Market ETFs in Focus on High Outflows
Emerging Markets experience high outflows as global reversal takes a toll on investors' risk appetite.
- Market Realist•3 months ago
What’s the Best Outcome for Freeport in Indonesia?
Freeport-McMoRan (FCX) operates the giant Grasberg mine in Indonesia. Rio Tinto (RIO) (TRQ) is Freeport’s minority partner in the mine (GLEN-L). The operations have been surrounded by controversies in the last few years.
Market Realist•3 months agoHow Impressive Is Freeport-McMoRan’s 4Q17 Performance?
Freeport-McMoRan’s 4Q17 Earnings: What You Need to Know
- ETF Trends•3 months ago
5 Country ETFs Primed to Stand Out in 2018
This article was originally published on ETF Trends.com. More people are looking into international markets to enhance or diversify their portfolios, but not all economies are the same. Investors, though, ...
Market Realist•3 months agoHow the Grasberg Divestment Could Impact Freeport-McMoRan
Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? In August 2017, Freeport-McMoRan (FCX) announced a framework with the Indonesian government (EIDO). Under the terms of that framework, Freeport agreed to construct a smelter in Indonesia within five years.
- Market Realist•4 months ago
Why Asian Markets Grabbed Investors’ Attention in 2017
Stock markets around the world rallied in 2017. Asian equities, in particular, grabbed investors' attention in 2017, as they have been outperforming other markets.
- Zacks•4 months ago
Indonesia Equity ETF (EIDO) Hits a New 52-Week High
Indonesia ETF hits a new 52-week high on rating upgrade.
- Zacks•5 months ago
Indonesia's GDP Growth Misses Expectations: ETFs in Focus
Indonesia's Q3 GDP growth falls short of expectations as spending remains subdued.
- Investopedia•6 months ago
3 Charts Suggest It's Time to Invest in Tiger Cub Economies
Based on these charts, it appears as though the five nations are poised for a significant move higher.
- Zacks•7 months ago
Indonesia's Inflation at Six-Month Low: ETFs in Focus
Indonesia's inflation eases while markets scale record highs.
- Forbes•7 months ago
South China Sea: Can America And China Share Leadership?
Washington and Beijing have different perceptions of what the South China Sea is. Washington and its allies think of the body of water as an open sea. Beijing thinks that it is its own sea. All of it.
- Forbes•7 months ago
To Stop Kim Jong-Un, China Needs A Big Prize: The South China Sea
Kim Jong-un has emerged as China’s decoy in South China Sea disputes.
- Forbes•8 months ago
Indonesia And America Draw New 'Red Lines' In South China Sea
Indonesia decided to rename its maritime region in the southwest part of the South China Sea as the “North Natuna Sea," asserting its own sovereignty in the area. America stepped up patrols in disputed South China Sea waters, asserting its willingness to keep the waterway an open sea.
- Market Realist•8 months ago
Reading Freeport’s Indonesia Timeline
Freeport-McMoRan (FCX) discovered the Grasberg mine in 1988. In 2014, Indonesia banned the export of unprocessed ores from the country.
- Market Realist•8 months ago
Why Freeport Investors Will Likely Postpone the Celebration
Despite Freeport’s announcement of a resolution to its long-term Grasberg dispute with the Indonesian government, its stock fell on August 29.
- Market Realist•8 months ago
Why Markets Are Concerned about Freeport-McMoRan
Markets are apprehensive about Freeport’s Indonesia operations. Freeport is exporting copper concentrate from Indonesia under a short-term export permit.
- Zacks•8 months ago
Indonesia Unexpectedly Cuts Interest Rate: ETFs in Focus
Indonesia's central bank cuts key rate in order to spur growth.
- Investopedia•8 months ago
Caution When Investigating Indonesia ETFs
Indonesia ETFs are interesting, but they are not without risk.
- Zacks•8 months ago
EM ETFs: What You Need to Know Before Investing
EM ETFs have been on a tear this year. Will the run continue in the days to come?
- Zacks•8 months ago
Indonesia's GDP Growth Misses Expectations: ETFs in Focus
Indonesia's Q2 GDP fails to surpass expectations; steady at 5%.
- Market Realist•8 months ago
Why Indonesia’s Manufacturing Activity Fell
In July 2017, manufacturing activity in Indonesia (EIDO) fell at the fastest pace in 19 months, mainly due to sharp decline in its output. Indonesia’S (EEM) manufacturing PMI (purchasing managers’…
