|Bid||30.50 x 100|
|Ask||35.50 x 100|
|Day's Range||31.40 - 32.20|
|52 Week Range||22.01 - 32.74|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.74%|
Up 36% year-to-date, the Global X MSCI Argentina ETF (NYSEArca: ARGT) is one of this year’s best-performing single-country ETFs. Data suggest investors have recently been renewing their interest in ARGT, ...
In yet another sign that investors aren't afraid of the Federal Reserve's interest rate hikes, emerging market equity funds saw the strongest inflows in 21 weeks and EM bonds continued to draw interest. The EM equity fund inflows were $3.3 billion in the latest weekly reporting period, and emerging market bond funds -- which have seen inflows for 37 of the past 38 weeks - drew $1.7 billion. It's part of what Bank of America/Merrill Lynch Chief Investment Strategist Michael Hartnett and Strategist Jared Woodard call "the most consensus trade in the world: no fear of the Fed." "Investors looked for ways to benefit from soaring equity markets while side-stepping a variety of political risks ranging from North Korea's bellicose expansion of its nuclear capabilities to Catalonia's stand-off with Spain," write EPFR Global analysts.
Argentina-based travel-booking website Despegar.com (DESP) raised an estimated $332 million in what could be the first in a slew of IPOs after the country's burst back into the international bond market ...
Emerging Markets Argentina under free-market reform President Mauricio Macri is attempting to reverse more than a decade of inward-looking leftist protectionism. Although inflation has proved tough to tame and growth hard to come by, there are definite signs of progress. The country’s inflation rate is now expected to tumble from roughly 40% in 2016 to 20% this year and then to half that in 2018.
Argentina returned to global capital markets with gusto after the newly-elected market friendly government resolved investor payments on defaulted debt last year, but now the market may be saturated with bonds. With an eye on regional elections on Oct. 22, Bank of America Merrill Lynch's Sebastian Rondeau, a Latin America fixed income and currency strategist, writes: "Argentina's macro outlook has improved materially in the last two months after a pro-reform primary election result and growing optimism about a recovery in Brazil. This makes Argentina vulnerable to a reversal in capital flows.
Three country-specific exchange-traded funds, Global X MSCI Argentina (ARGT), VanEck Vectors India Small-Cap (SCIF), and iShares MSCI Turkey (TUR) were among Monday's best performers. All were up for different ...
Argentina's equities are jumping higher after the ruling coalition did better than expected in primary legislative elections Sunday. The results highlight greater-than-expected support for President Mauricio Macri’s reform agenda at the expense of left-wing populism, Capital Economics writes. The Global X MSCI Argentina exchange-traded fund (ARGT) was up 3.3% today, while the iShares MSCI Emerging Markets ETF (EEM) was up 1.3% and the iShares MSCI Frontier 100 ETF (FM) was up 1.9%.
Mexican equities have been on a roll this year, with the iShares MSCI Mexico Capped ETF (EWW) up more than 28% since the start of the year as investors have shrugged off the once crippling fear of the Trump trade. Credit Suisse’s Andrew T. Campbell and Otávio Tanganelli now say it is time to move to the sidelines. The pair have downgraded the Mexican equities market from an Overweight to a Market Perform and also lowered their ratings on Chilean equities to an Underweight.
Commodities markets are aflutter over the recent strength in copper. With the red industrial metal residing at its highest levels in two years and breaking out on the charts, the widely followed iPath ...
The Global X MSCI Argentina ETF (NYSE: ARGT ) has spent significant time this year as one of the best-performing single-country exchange-traded funds, but the largest ETF dedicated to Argentine stocks ...
President Mauricio Macri’s austerity measures seem to be impacting Argentina's consumer confidence, as it saw another fall in June 2017.
Argentina (ARGT) posted a higher trade deficit for May 2017 at $642 million, mainly due to increasing imports as compared to its exports.
Argentina's (FM) consumer confidence saw a huge drop in June 2017, as Argentinians are highly unsatisfied with the austerity measures President Macri’s government has adopted.
Economic reforms by the Indian government and improvements in the manufacturing and automobile sectors are the main drivers of EEM.