|Bid||0.00 x 900|
|Ask||0.00 x 800|
|Day's Range||62.72 - 62.96|
|52 Week Range||59.05 - 72.96|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.50%|
Many regard the 21st century as the “Century of Asia.” As America has seen a relative decline, nations — such as China and India — growing their middle classes have placed Asia in a more influential position. Many companies within these countries have also contributed this rise. Although some trade in the U.S. as ADRs, most of these companies trade on the over-the-counter markets, if they trade at all. Fortunately, the ones not trading directly in the U.S. can be found in Asian ETFs.
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.