A rebound in copper prices and a strengthening local currency have pushed an exchange-traded fund tracking Chilean stocks into the top ranks of the emerging markets category.
The $700 million iShares MSCI Chile Investable Market Index Fund ECH 70.30, -0.01, -0.01%) rallied to a new record high on Friday, trading above $70 a share for the first time since it was introduced in November 2007.
Stocks News » Latin American Stocks
Copper, currency gains fuel Chile ETF's rally ETF Investing
Posted by CaraTan 2 days ago (http://www.marketwatch.com)Brazil stocks at nearly two-year high after strong report
Posted by SiennaFinnes 148 days ago (http://www.marketwatch.com)
Brazil's currency and stocks climbed Thursday, with the equity index closing at a nearly two-year high following a strong report about industrial output in the region's largest economy. Strong manufacturing data from China, Brazil's biggest trading partner, also provided support for the Brazilian assets.
Invest in emerging markets through ADRs
Posted by SiennaFinnes 148 days ago (http://www.marketwatch.com)
U.S.-listed shares of an Italian leather manufacturer and an Australian oil driller have made a lot of money for investors so far this year. But they don't tell the whole story of how the face of foreign listings on Wall Street has changed. Samson Oil and Gas (SSN 0.76, -0.07, -7.88%) , up more than 80% this year, and leather maker Natuzzi(NTZ 4.55, +0.04, +0.89%) , up almost 40%, are just two
Tenaris shares stumble after results, ratings cut
Posted by gigitsang 190 days ago (http://www.marketwatch.com)
Argentina's blue-chip stocks dropped Thursday, hurt by shares of market heavyweight Tenaris SA as the company's quarterly results prompted one broker to downgrade its rating on the stock.
The Merval index closed 3.5% lower at 2,211. The losses were led by Tenaris (TS 42.89, +0.15, +0.35%) as its shares tumbled 9.3%, marking its worst slide since late November 2008. The shares have a weighting
The Merval index closed 3.5% lower at 2,211. The losses were led by Tenaris (TS 42.89, +0.15, +0.35%) as its shares tumbled 9.3%, marking its worst slide since late November 2008. The shares have a weighting
Buying Opportunity in Chile for Stocks and ETFs
Posted by JamesT 189 days ago (http://seekingalpha.com)
With Chile being the world’s number one producer of copper, the industrial metal surged over 5% on Monday, as supply disruptions sent the price higher. The iPath Dow Jones Copper ETN (JJC) tracks the price of copper and the PowerShares Base Metals ETF (DBB) is composed of one-third copper along with aluminum and zinc. The move will likely be a short-term move as production gets back on line quick
Cosan ethanol deal pushes up Brazil's Bovespa
Posted by AlanHaye 217 days ago (http://www.marketwatch.com)
Brazilian stocks advanced Monday, led by a rally in Cosan Ltd. shares after the ethanol producer entered a $12 billion joint venture with Royal Dutch Shell.
The Bovespa stock index closed with a 1.8% gain to a level of 66,571.
The Bovespa stock index closed with a 1.8% gain to a level of 66,571.
Coffee: Vietnamese, Brazilian Harvests Should Keep Prices in Check
Posted by JeffPalen 222 days ago (http://seekingalpha.com)
As an agricultural product whose production is concentrated in a few key regions, Coffee is a market that lends itself well to fundamental price projection. Like many of its agricultural cousins, the harvest cycles of the coffee trees themselves creates seasonal tendencies that can be studied and potentially exploited by astute investors.
BHP to resume $7.6 bln investment in Chile
Posted by SHPark 230 days ago (http://uk.finance.yahoo.com)
Top global (519.SI - news) miner BHP Billiton (LSE: BLT.L - news) plans to revive projects worth around $7.6 billion (4.7 billion pounds) in world No. 1 copper producer Chile (CHILE.SN - news) from 2011, a company executive was on Thursday quoted as saying by a local daily.
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