|Bid||0.00 x 1000|
|Ask||0.00 x 2200|
|Day's Range||31.38 - 31.67|
|52 Week Range||30.46 - 36.56|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.49%|
As the global markets reeled in response to heightened trade tensions, Asian markets and Asia ETFs were among the worst off. Over three-fourths of the $2.1 trillion lost in stock values worldwide was associated ...
While the emerging markets have stumbled in recent months, investors should still consider opportunities in Asian markets and related exchange traded funds. Malaysia, the Philippines, Indonesia and China ...
The iShares MSCI Malaysia ETF (NYSE: EWM) is experiencing an eventful May. EWM, the lone U.S.-listed exchange traded fund tracking Malaysian stocks, sank after a surprise election result ended the 61-year reign of Prime Minister Najib Razak’s ruling coalition. Mahathir Mohamad, 92, who previously served as Malaysia’s leader for over two decades, came out of retirement to defeat Razak. Mahathir joined forces with the Pakatan Harapan coalition.
Malaysian equities have been on a wild ride, with the Malaysia ETF surging on Monday after the opposition party surprised observers by winning the office for the first time in six decades. The market was shut for three days last week as Mahathir Mohamad led an alliance to unexpectedly beat the ruling Barisan Nasional coalition, Bloomberg reports. Gan Eng Peng, director of equities strategy and advisory at Affin Hwang Asset Management, argued that Mahathir’s vow to nullify the nation’s current goods and services tax, fuel subsidies and minimum wage realignment could benefit the consumer sector.
The iShares MSCI Malaysia ETF (EWM) experienced some volatility last week, plunging immediately following Prime Minister Mahathir Mohamad's surprise win in a recent election there. The lone US-listed exchange traded fund dedicated to Malaysian equities would rebound later in the week, but still finished the week with a loss of over 5%. Some ratings agencies are forecasting policy changes in the wake of the surprise election result.
The Malaysia country-specific exchange traded fund has experienced wild swings in the last couple of sessions and allowed U.S. investors to price this Southeast emerging market even during this foreign ...
The iShares MSCI Malaysia ETF looked set to climb on Thursday as 92-year-old Malaysian politician Dr. Mahathir Mohamad was set to become leader of the country in a stunning upset of incumbent Prime Minister Najib Razak, marking a rebuke of the establishment National Front Coalition Party that had been in power since its independence from the U.K. in 1957. Meanwhile, the Malaysian ringgit was strengthening against the U.S. buck, with a dollar buying 3.9505 ringgit, versus 4.0460 ringgit late Wednesday in New York. Malaysia's leaders have been embroiled in by scandal, notably one surrounding its sovereign wealth fund, 1 Malaysia Development Bhd, or 1MDB, a multibillion dollar money-laundering scandal.
Mahathir Mohamad's political comeback will likely have a big impact on Malaysian markets and its economy.
Malaysian markets and country-specific ETF plunged Wednesday as it grew more likely that the opposition party could capture a surprise election win and end Prime Minister Najib Razak’s ruling coalition 61-year reign. Malaysian markets soured Wednesday after it grew more likely that Mahathir Mohamad and opposition alliance would end the ruling coalition’s grip on power in Malaysia, which has not occured since the Southeast Asian country gained independence in 1957.
Three Asia-focused ETFs form a different slice of ETF investing, offering exposure to a mix of emerging and frontier markets.
Retail sales in Malaysia rose 13.9% YoY (year-over-year) in June 2017, compared with its 13.6% gain in May 2017.
Exports from Malaysia in June 2017 stood at 73.1 billion Malaysian ringgit (MYR) (about $17 billion as of August 11, 2017), or 10% higher YoY.
Malaysia's trade surplus jumped to 9.9 billion Malaysian ringgit (MYR) (about $2.3 billion as of August 11, 2017) in June 2017—an 80% rise YoY.
The “Fast Money” traders share their final trades for the day including iShares MSCI Malaysia ETF, iShares MSCI Emerging Markets ETF, iShares MSCI Brazil Capped ETF and Tesla.