|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||23.15 - 23.35|
|52 Week Range||21.36 - 27.95|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.11|
|Expense Ratio (net)||0.79%|
India, referred to as "the jewel in the crown" in the days of the British Empire due to its strategic location and exotic foods, is an emerging market often overlooked by investors. According to a CNN article, the Indian government attributed the robust economic growth to a sharp spike in manufacturing and construction. "Indian GDP growth beat most expectations in [the latest quarter] and is likely to continue expanding rapidly over the coming months," Shilan Shah, India economist at Capital Economics, told CNN.
Indian markets and country-specific ETFs retreated Friday after Yes Bank Ltd. and Dwan Housing Financing Corp. shares plummeted and dragged down the whole financial sector. On Friday, the iShares MSCI ...
The developing markets have been whipsawed by a mix of a strong dollar, rising interest rates and trade concerns. The Vanguard FTSE Emerging Markets ETF (VWO) fell 9.3%, iShares Core MSCI Emerging Markets ETF (IEMG) dropped 8.9% and JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) declined 6.1% so far this year. J.P. Morgan's Nicolas Aguzin argued that if you're a long-term, strategic investor, it's worth looking at emerging market returns, pointing to positive fundamentals but adding that valuations could still fall further due to market sentiment and the perception of trouble, CNBC reports.
India ETFs have been among the stronger areas of the emerging markets, shrugging off the global trade fears, as the economy expanded at the fastest pace in eight quarter. Over the past three months, the ...
The month of August started off on a shaky note for Wall Street with Fed imposed rising rate concerns and severity in the U.S.-Sino trade relations coming to the forefront.The Trump administration is reportedly considering a hike in tariffs from 10% to 20% on $200 billion worth of Chinese goods, after a 25% tariff announcement on $50 billion worth of goods.Source: Shutterstock