|Bid||39.33 x 1800|
|Ask||39.34 x 2900|
|Day's Range||39.18 - 39.40|
|52 Week Range||32.17 - 41.83|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-3.58%|
|Beta (5Y Monthly)||0.94|
|Expense Ratio (net)||0.59%|
The iShares MSCI Taiwan ETF (EWT) and the Franklin FTSE Taiwan ETF (FLTW) recently rallied following President Tsai Ing-wen's convincing reelection bid and while some market observers believe plenty of good news is priced into equities in the tech-heavy emerging market, they aren't writing off more upside for stocks this year. Taiwan’s markets could extend their rally if past moves after an election are any indication. Furthermore, the planned signing of an initial trade accord between China and the U.S. is also expected to further diminish global trade fears and add to Taiwan’s momentum.
Taiwan country-specific ETFs popped off on Monday after a landslide victory for President Tsai Ing-wen over the weekend. On Monday, the iShares MSCI Taiwan ETF (NYSEArca: EWT) increased 1.7% and Franklin ...
The major U.S. indexes were reeling on Tuesday following U.S. President Donald Trump saying he’s in no mad rush to make a trade deal with China, which caused the Dow Jones Industrial Average to fall over ...
Trade tensions between the U.S. and China are weighing on Taiwanese stocks as highlighted by a month-to-date decline of more than 3% for the iShares MSCI Taiwan ETF (EWT) . While EWT has struggled in recent weeks, there may be an opportunity with the largest Taiwan ETF. The $3 billion EWT, which tracks the MSCI Taiwan 25/50 Index and recently turned 19 years old, holds 89 stocks.
As China devalued its currency as a retaliatory move against Trump's fresh tariff threats, these asset classes and ETFs could be in the spotlight.
Taiwanese stock are often among the least volatile in the emerging markets space and the iShares MSCI Taiwan ETF (EWT) is up 13% year-to-date, but the global investors don't appear enthusiastic about the country's equity market. To some extent, Taiwan has been caught in the middle of the US/China trade spat, but EWT's performance indicates Taiwan is flexing its independence rather than siding with China as China would prefer. While Chinese President Xi Jinping supports the notion that China and Taiwan must stand together unified, the U.S., on the other hand, supports the country’s efforts to stay independent.
Australia’s S&P ASX 200 was the best-performing index in the Asia-Pacific region on July 3. The index gained 0.59% on the day to end near its 12-year high at 6,685.5.
India’s two key indexes, the NSE Nifty 50 and the S&P BSE Sensex, broke their losing streak even as most Asia-Pacific indexes ended in the red. The S&P BSE Sensex gained 0.8%, while the NSE Nifty 50 rose 0.83%. Both the indexes maintained upward momentum throughout the day.
Bearish crossovers between long-term moving averages on ETFs that track key emerging markets suggest that the uptrend could be over.
Asian Markets Turn Bearish as China Says It's Not Afraid to Fight(Continued from Prior Part)Indian indexesAfter rising yesterday, both the key Indian indexes fell today. The S&P BSE Sensex retreated by 0.48% to end the day at 39,756.81. The
The U.S.-China trade impasse could put Taiwan into the forefront, according to Zhiqun Zhu, a professor of political science and international relations at Bucknell University. Zhu said Taiwan could be used as a major "chess piece" for the U.S. in ongoing trade negotiations, which could put the iShares MSCI Taiwan ETF (EWT) in play. “Taiwan’s value to the U.S. will only increase as tensions between the U.S. and China escalate,” Zhu told CNBC.
Most Asian Indexes Gain as Trump Concludes Japan TripHong Kong’s Hang Seng gainsHong Kong’s Hang Seng followed China’s lead today. The index gained 0.38% to end at 27,390.81. Yesterday, however, the index diverged from the mainland indexes.
Emerging Asia: Chinese Indexes Recover, Indian Indexes Shed Gains(Continued from Prior Part)Indian indexesAfter skyrocketing on May 20, Indian indexes shed some mass on May 21. The benchmark BSE Sensex dropped 383 points (0.97%) to end the day at
Emerging Asia: Chinese Indexes Drop, India Gains on May 20(Continued from Prior Part)Voting ends, exit polls outAfter almost six weeks and seven phases, voting for the next government in India ended on May 18. The exit polls came out on the same
Chinese Indexes Fall while Indian Indexes Rise Today(Continued from Prior Part)Value buying lifts the indexesIndian indexes, which are having turbulent times like other world indexes, rose on value-buying opportunities today. The S&P BSE Sensex
As ASX 200 Advances on Rate Cut Hopes, Indian Indexes Also Gain(Continued from Prior Part)Afternoon surgeBoth the S&P BSE SENSEX and the NIFTY 50 surged in the afternoon of May 16 to end up in the green. The SENSEX posted a 0.75% gain to end up
Most APAC Markets Recover on US Optimism, China's Stimulus Hopes(Continued from Prior Part)Indian indexes fallDefying the trend in Asian Indexes on May 15, the NIFTY 50 and S&P CNX NIFTY both fell. The NIFTY 50 dropped 65 points, or 0.58%, to
May 13 Update: Inconclusive Trade Talks Take Asian Stocks Down(Continued from Prior Part)SENSEX and NIFTYLate selling pressure dragged both the S&P BSE Sensex and the NIFTY 50 down on May 13. The NIFTY 50 closed with a fall of 1.16% at
May 9 Asia-Pacific Update: All Eyes on Renewed Trade Talks(Continued from Prior Part)Australia and New Zealand gainAustralia’s S&P/ASX 200 was the bright spot in the Asia-Pacific markets on May 9. The index reversed its previous day’s loss