Tuesday's ETF Movers: ADRA, TGEM
Published on Rabu, 05 Juni 2013
03.25 //
Market News
In trading on Tuesday, the BLDRS Asia 50 ADR Index Fund
(ADRA) is outperforming other ETFs, up about 1.9% on the day. Components
of that ETF showing particular strength include shares of Sumitomo
Mitsui Financial Group (SMFG), up about 7.4% and shares of Mizuho
Financial Group (MFG), up about 6.9% on the day.
And underperforming other ETFs today is the Telecom GEMS ETF (TGEM), off about 5.1% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Philippine Long Distance Telephone Company (PHI), lower by about 1.5%, and shares of Mobile Telesystems (MBT), lower by about 1.1% on the day.
And underperforming other ETFs today is the Telecom GEMS ETF (TGEM), off about 5.1% in Tuesday afternoon trading. Among components of that ETF with the weakest showing on Tuesday were shares of Philippine Long Distance Telephone Company (PHI), lower by about 1.5%, and shares of Mobile Telesystems (MBT), lower by about 1.1% on the day.
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