|Bid||36.06 x 500|
|Ask||36.14 x 500|
|Day's Range||36.04 - 36.13|
|52 Week Range||30.43 - 40.48|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.64%|
President Rodrigo Duterte’s death squads may have killed democracy in the Philippines, but they haven’t killed the country’s vibrant economy, which is the world’s 10th fastest growing economy in the world in 2017.
The central bank in the Philippines on Friday forecast a current account deficit for the first time in fifteen years as imports surge. The iShares MSCI Philippines exchange-traded fund (EPHE) is down 0.9% today, while the iShares MSCI Emerging Markets Asia ETF (EEMA) is flat. Personal remittances - money sent home from abroad -- were 10% of GDP in the Philippines in 2015, compared to 2% for Mexico, according to a World Bank ranking.
The iShares MSCI Emerging Markets exchange-traded fund (EEM) has slipped 1.3% this week including a fractional slide today, while the Vanguard FTSE Emerging Markest ETF (VWO) is down 0.9%. The MSCI indexes ...