|Bid||29.35 x 3200|
|Ask||29.37 x 1800|
|Day's Range||29.28 - 29.59|
|52 Week Range||25.13 - 29.98|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-0.03%|
|Beta (5Y Monthly)||1.31|
|Expense Ratio (net)||0.49%|
Wall Street stocks and ETFs have been hitting highs of late. But the optimism has spread beyond the U.S. border and pushed these ETFs to the 52-week highs too.
The political chaos in Rome is ongoing, as its two-party coalition has come to an end. About 14 months ago the Lega Nord (Northern League) and the anti-establishment Five Star Movement (M5S) formed a coalition to govern with Giuseppe Conte leading as independent prime minister. Conte resigned Aug. 20 after attacking coalition partner Matteo Salvini, the leader of the League party, who had tabled a no-confidence motion against Conte.
Italy country-specific and broader Europe ETFs took a hit on growing concerns about the stability of the Italian government's ability to pay back debt. The iShares MSCI Italy Capped ETF (EWI) was among the worst performers on Friday, falling 2.9%. Meanwhile, the broader Vanguard FTSE Europe ETF (VGK) declined 0.6% and iShares MSCI EMU ETF (EZU) was 0.8% lower.
Italy country-specific exchange traded funds stood out among the top performers on Wednesday on rising bets the European Central Bank would implement stimulus ahead and as the European Commission decided ...
New Front in Trade War Over Hong Kong? The Trump Administration appears to be getting involved in the Hong Kong-China extradition crisis. Yesterday the U.S. expressed “grave concern” over legislation that would allow extradition from Hong Kong to China. Hong Kong’s Chief Executive Carrie Lam, whose leadership is stamped by Beijing, says the bill is […]The post Market Morning: US Concerned on Hong Kong, Beyond Meat Beyond Stratosphere, Times Ditches Cartoons appeared first on Market Exclusive.
The euro zone's third-largest nation has plunged into deep political and economic crisis, which has become a concern for the European Union (EU) as well as for the global markets. At the end of Sept. 2018, the ruling coalition comprising the Five Star Movement and the Lega Nord announced their 2019 budget, which increases deficit spending to 2.4 percent of the gross domestic product (GDP). The move has upset Italy's eurozone partners, who had been pressuring Italy to decrease its debt.
Italy, the Eurozone’s third-largest economy, entered a recession last year, but exchange traded funds, such as the iShares MSCI Italy Capped ETF (NYSEArca: EWI) and the Franklin FTSE Italy ETF (NYSEArca: ...
Italian stocks and country-specific ETFs have been outperforming in the Eurozone region despite the ongoing uncertainty around the Southern European country and its troubled banking sector. Over the past three months, the iShares MSCI Italy Capped ETF (EWI) increased 6.3% and Franklin FTSE Italy ETF (FLIY) advanced 5.9%, whereas the benchmark MSCI Europe Index added 2.7%. Italy's economy dipped into a recession in the fourth quarter of 2018, and political volatility may persist as analysts argued that the governing coalition of the anti-immigration League party and the antiestablishment 5 Star Movement may not survive the year, the Wall Street Journal reports.