|Bid||65.00 x 900|
|Ask||69.50 x 1000|
|Day's Range||66.62 - 66.88|
|52 Week Range||56.04 - 72.96|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.50%|
Australian shares began the quarter on a steady note as losses in financial stocks slightly outweighed gains in materials stocks and energy major Santos, which soared on a sweetened takeover offer. "I think its just concern over a couple of things, maybe signs of a slowdown in growth, a peaking in growth momentum of stocks, various discussions over the IT sector in the U.S. and also the prospect of a trade war, are combining to undermine the market," Damien Hennessy, co-founder of Heuristic Investment Systems. U.S. stocks ended Monday lower, dragged by a selloff in tech stocks after U.S. President Donald Trump criticised Amazon.com over its delivery charges.
** Swiss food group Nestle has agreed to sell its U.S. confectionery business to Italy's Ferrero for $2.8 billion, it said, marking CEO Mark Schneider's first big sale and a small step on its path towards healthier products. ** Battery maker Energizer Holdings Inc said on Tuesday it would buy the battery and portable lighting business of Spectrum Brands in a $2 billion cash deal, adding brands such as Rayovac and Varta to its lineup. ** Shares in Israel Chemicals rose in Tel Aviv trading after Canada's Nutrien said it would sell its 13.8 percent stake in the firm, removing uncertainty about plans for the sale that had weighed on the stock.
Although Asian markets have outperformed most of the other regions this year, their performance over the past few years has remained sluggish overall.
ETF growth isn't being fueled by U.S. equity funds — one of the key drivers is international markets.