|Bid||10.1700 x 800|
|Ask||10.2300 x 400|
|Day's Range||10.1700 - 10.2600|
|52 Week Range||9.1200 - 11.3700|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.62%|
The Global X MSCI Colombia ETF (NYSE: GXG ), the largest exchange traded fund tracking Colombian stocks, closed modestly higher Monday after the country held parliamentary elections. The election was the ...
The country has many things going for it, including commodities and oil making a comeback, currency tailwinds, receding crime rates and its proximity to the US
The major market indexes were higher Wednesday as techs led and blue chips reversed higher in the stock market today.
Vitaly Veksler is founder and portfolio manager of Beyond Borders Investment Strategies, a boutique investment firm focused on international equities. Previously, he was vice president and investment analyst at BNY Mellon Asset Management.
Consumer prices in Colombia (GXG) rose 3.4% on a year-over-year basis in July 2017, lower than the 4.0% rise in June 2017.
The business confidence in Colombia (GXG) in June 2017 remained in negative territory but recovered from lows in the last five months.
Colombia (GXG) signed a deal with the Mercosur trade bloc on July 21, 2017, to allow the import of limited quantities of certain products without a tariff in the Colombian market.
Colombian (GXG) exports stood at $2.8 billion in June 2017, a 0.8% increase year-over-year and an 18% decline on a month-over-month basis.
The annual consumer inflation in Colombia is on a declining trend over the last year as of June. Consumer prices rose at a slower pace of ~4.0%.
Colombia, an important Latin American (ILF) economy, is currently facing sluggish growth due to a decline in commodity prices (DBC) and political instability.
As the third-largest economy in Latin America, Colombia is expected to recover from its subdued growth of ~2% in 2016—its lowest figure since 2009.
Geoffrey Dennis is head of global emerging markets strategy for UBS Investment Bank, a role he has held for more than three years. Prior to that, he was global emerging markets strategist for Citigroup for 14 years. ETF.com: Why have emerging market equities risen so sharply this year after several years of underperformance?