|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||35.39 - 35.79|
|52 Week Range||30.43 - 40.09|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.64%|
Philippines GDP grows, owing to improvement in manufacturing, trade and real estate.
The Philippines peso has endured heavy selling and there are concerns there may be more downside as the Southeast Asian nation confronts growing economic imbalances. The Philippines economy has performed strongly over the past five years, growth has averaged 6.6%, but ANZ economists Sanjay Mathur and Eugenia Victorino are concerned about intensifying imbalances highlighted by rising credit intensity, high exposure to real estate and rising property prices, and a deterioration in the country's external position. The nation used to enjoy a current account surplus and modest credit growth - but no longer.
EM ETFs have been on a tear this year. Will the run continue in the days to come?