|Bid||8.62 x 800|
|Ask||9.49 x 900|
|Day's Range||8.54 - 8.63|
|52 Week Range||6.77 - 10.75|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.22|
|Expense Ratio (net)||0.59%|
The Global X MSCI Greece ETF (GREK) , the only exchange traded fund dedicated to Greek stocks, is up 22% this year, making it one of the best-performing single-country ETFs tracking a European economy. Fundamentals may continue to support the strength in Greek markets. The Mediterranean country is on pace for its fastest growth since 2007 and authorities are moving ahead with plans to offload bad debt on bank balance sheets, which for years have weighed on the country’s recovery.
The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange traded fund dedicated to Greek equities, is up 22 percent this year. After years of scuffling under the burdens of slack economic growth and financial assistance from the European Central Bank, among others, Greece's economy is finally showing signs of life, giving investors reasons to revisit the Mediterranean economy. “In Q1, the markets were up 15.2% and forecasts put 2019 GDP growth at annualized 2.4%, versus Europe at just 1.3%,” said Global X in a recent research note.
A Greece country-specific ETF has been rallying along with the broader emerging market rebound, with Greek stocks enjoying their strongest start to a new year in two decades. The Global X MSCI Greece ETF (GREK) , the only exchange traded fund dedicated to Greek stocks, increased 17.0% year-to-date. The benchmark Greek index has extended its advance since the end of December, strengthening on its best new year start since 1999, Bloomberg reported.
Europe ETFs have started moving higher amid ongoing Brexit negotiations. Let's explore three trading ideas ahead of the March 29 "leave" date.
Among the most repudiated single-country emerging markets exchange traded funds last year was the Global X MSCI Greece ETF (NYSE: GREK ). The lone U.S.-listed ETF dedicated to Greek stocks plunged 31.2 percent ...
The Global X MSCI Greece ETF (GREK) , the only exchange traded fund dedicated to Greek stocks, rallied Tuesday on media reports that Greece's central bank wants to help the country's downtrodden banks shed some their bad loans. “The $260 million Global X MSCI Greece ETF, ticker GREK, jumped more than 3 percent after Bloomberg reported that Greece’s central bank is working on a plan under which banks could eliminate $47 billion of bad debt,” reports Bloomberg. The health of Greek banks is of particular importance to GREK because the fund devotes over 22% of its weight to the financial services sector, its largest sector weight.
Like other single-country exchange traded funds tracking developing economies, the Global X MSCI Greece ETF (NYSEArca: GREK), the only exchange traded fund dedicated to Greek stocks, is slumping. Year-to-date, ...
Turkey’s GDP in 2016 was $857 billion. If you hold assets in the Turkish Lira, they’re worth 40% less today than they were a week ago. What is worrying people who are paid to worry is that the problems in Turkey could spread to emerging markets around the world.
Portugal, Italy, Greece and Spain - the so-called PIGS group - country-specific exchange traded funds were among the best performers Wednesday as these peripheral Eurozone equity markets rebounded on diminished fears that a breakdown in the euro currency bloc would happen any time soon. On Wednesday, the Global X FTSE Portugal 20 ETF (PGAL) surged 4.2%, iShares MSCI Italy Capped ETF (EWI) jumped 4.3%, Global X MSCI Greece ETF (GREK) increased 4.2% and iShares MSCI Spain Capped ETF (EWP) advanced 2.8%. Meanwhile, the Vanguard FTSE Europe ETF (VGK) , the largest Europe-related ETF, gained 1.9%.
The Global X MSCI Greece ETF (NYSEArca: GREK), the only exchange traded fund dedicated to Greek stocks, is up modestly this year, but there are some catalysts on the horizon that could lift Greek stocks. ...
The Global X MSCI Greece ETF (NYSE: GREK ), the only U.S.-listed exchange-traded fund dedicated to Greek stocks, is up 2.72 percent year-to-date. GREK is easily topping the 2018 performance of the MSCI ...