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Last Friday, the Global X FTSE Greece 20 ETF (NYSE:GREK) surged over five percent on volume that was nearly six times the daily average. Much of that move can be attributed to the 19.5 percent gain by National Bank of Greece (NYSE:NBG), the largest of GREK's 22 holdings with an allocation of 12.8 percent.Although GREK has a reputation for being sensitive to regional shocks , Friday's action in the $52.3 million ETF was not a one-off affair. GREK has surged 39 percent in the past month, a performance that is roughly three-and-a-half times better than what the iShares MSCI Italy Index Fund (NYSE:EWI) delivered over the same time.Whether it is hot money remains to be seen, but what is clear is that GREK is nearly twice the size by assets today as it was less than three months. As of Friday, the ETF had $52.3 million in assets under management, according to Global X data . On March 1, that number was just over $28 million.That was right after index provider Russell Investments demoted Gree...
India is the "I" in the ubiquitous BRIC acronym. It is Asia's third-largest economy behind China and Japan and the second-largest major emerging markets economy over...
Investors are becoming increasingly picky about which bonds and stocks they buy in Southeast Asia's fast-growing economies as the risk of policy bungling makes them ...
The head of the Securities and Exchange Commission, Mary Jo White, is on board with calls for a broad review of the framework of the U.S. equity market, which has be...
The major averages closed out Monday's trading session mixed despite retail sales data that showed consumer spending trended higher than expected last month.The Dow ...
When the Global X Nigeria Index ETF (NYSE:NGE) debuted six weeks ago, traders familiar with the country and the oil patch immediately pondered just correlated to oil...
European equities nudged higher on Tuesday, with sentiment boosted by a record high in the German DAX index, forecast-beating earnings and prospects of sustained cen...
DLF Ltd. (532868.BY) has chosen eight banks to manage its offer of 81 million shares to institutional investors, a person with knowledge of the matter said Tuesday, ...
Most Asian markets declined Thursday, tracking losses in the U.S. after the Federal Reserve's monetary-policy decision, with Japanese stocks dragged further down by ...
Being bullish on Japan over the past six months has certainly been profitable. That much is highlighted by the WisdomTree Japan Hedged Equity Fund (NYSE:DXJ), the mo...
Stock market operator Deutsche Boerse AG (DB1.XE) Monday said first-quarter net profit fell on the year as costs for efficiency programs pressured earnings and said ...
European stocks dropped on Friday, breaking a five-day winning streak after U.S. growth data fell short of expectations.The Stoxx Europe 600 index dropped 0.3% to cl...
The SPDR S&P 500 (NYSE:SPY) is up nearly 12 percent year-to-date indicating investors have been, for the most part, rewarded for their confidence in U.S. stocks. Com...
Europe's benchmark stock index closed at its highest level since June 2008 on Friday, with banks in the driver's seat after better-than-expected data from the U.S. r...
A drop in European takeovers has depressed global merger and acquisitions (M&A) activity so far this year, but bankers see activity picking up as a rally in stocks a...
European stocks moved higher on Friday and flirted with multiyear highs, with banks in the driver's seat after better-than-expected data from the U.S. removed some w...
Japanese shares soared Wednesday on the back of a weaker yen and strengthening expectations for earnings growth, sending the benchmark Nikkei Stock Average above the...
Japanese shares soared Wednesday on the back of a weaker yen and strengthening expectations for earnings growth, sending the benchmark Nikkei Stock Average above the...
A new Brazilian stock exchange aims to sign as many as eight local and international banks and money-management firms in coming weeks before seeking authorization to...
The U.S. stock market notched another rally on Tuesday as momentum pushed the major averages to new year-to-date highs. Money flowed out of bonds and into equities a...
