|Bid||0.00 x 1000|
|Ask||0.00 x 800|
|Day's Range||34.65 - 35.25|
|52 Week Range||30.04 - 36.67|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.96|
|Expense Ratio (net)||0.59%|
Russian stocks have barreled higher in early 2019 despite forecasts of slower economic growth. Explore three trading ideas using Russia ETFs.
Russia ETFs have strengthened in recent weeks, but the threat of potential sanctions could drag on the emerging market. Over the past month, the VanEck Vectors Russia ETF (RSX) gained 6.6% and iShares MSCI Russia Capped ETF (ERUS) rose 7.2%. Russia's largest lenders, state-owned Sberbank and VTB, saw outflows of foreign currency deposits in August on a depreciating rouble currency and rising concerns over new U.S. sanctions, Reuters reports.
While the rest of the emerging markets were strengthening, Russia stocks and country-specific ETFs were among the worst performers Wednesday as the ruble weakened toward its lowest in over two years in response to more U.S. sanctions. On Wednesday, the VanEck Vectors Russia ETF (RSX) fell 1.9% and iShares MSCI Russia Capped ETF (ERUS) dropped 1.9%. Pressuring Russian markets, the Trump administration imposed new sanctions on Russia in response to allegations of election-tampering, cyberattacks and other activities, the Wall Street Journal reports.
According to a report by Markit Economics, the Russia Services PMI has been weakening gradually since April. It was 52.3 in June compared to 54.1 in May. It didn’t meet the preliminary market expectation of 52.5.
After Fizzled Pre-Holiday Rally, Stocks Take Another Shot Higher In the face of the official start to US tariffs against Chinese imports and general pre-Federal Reserve minutes release jitters, stock futures have spurted higher in an attempt to reverse the failed rally at the close on July 3rd that couldn’t push above the 50 day […] The post Market Morning: Stocks Try Again, Germany Fumes, and Nobody Wants a Fiat appeared first on Market Exclusive.
According to a report by Markit Economics, Russia’s service PMI weakened in May as compared to April. It stood at 54.1 in May as compared to 55.5 in April. The PMI figure didn’t beat the preliminary market expectation of 54.5.
With the 2018 FIFA World Cup set to kick off in Russia on Thursday with the home team facing Saudi Arabia, the increased fanfare could give Russian markets a boost. This could be reflected positively in ...
According to a report by Markit Economics, Russia’s services PMI rose sequentially in April. It was 55.5 in April compared to 53.5 in March. It beat the preliminary market expectation of 55.
According to Markit Economics, Russia’s service PMI (purchasing managers’ index) fell in March, to 53.5 from 56.5 in February. The PMI figure missed the market expectation of 55. It marked the weakest expansion in manufacturing activity since July 2017.
Russian stocks trading in the U.S. and the ruble jumped after a report that President Trump would not extend further economic sanctions on Russia for now.
Russian stocks take a hit as the United States escalates penalties on Russian tycoons for election meddling; Trump warns of action for latest chemical attack on Syria.
Even with the White House unveiling fresh sanctions against Russia, some investors are embracing the VanEck Vectors Russia ETF (NYSEArca: RSX), the largest Russia exchange traded fund trading in the U.S. ...