Frontier market stocks have soared so far this year. Compared to emerging and developed markets the performance of frontier market stocks is exceptionally good year-to-date(YTD). As of Aug 6th, the MSCI Frontier Market Index increased by 19% YTD while the MSCI indices for Emerging and Developed Markets were up by only 6% and 2.2% respectively. The …
In this post lets take a quick look at the Ten Largest Indian Companies by Market Capitalization in the domestic market. Before we get to that here is a note on the Sensex. India’s benchmark S&P BSE Sensex index is up 21.25% year-to-date. After reaching an all-time record of over 26,300 the Sensex closed at 25,329 yesterday. The …
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One of the issues that investors in NYSE/NASDAQ-listed foreign stocks face is what to do when a company decides to delist from any of these two exchanges. In this post let us discuss some of the options available to deal with this issue: Why do foreign companies delist from exchanges? There are many reasons a …
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U.S. stocks, as measured by the S&P 500 index outperformed Canadian stocks last year. This was because the S&P 500 has a heavy concentration of IT stocks. This sector accounted for some 40% of the out-performance of the index last year against Canada’s benchmark S&P/TSX Composite index according to a research report by CIBC World …
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The long-running battle between Argentina and some U.S. hedge funds took a turn for the worst yesterday when Argentina defaulted on its debt. Argentina has always been a basket case of economic and political mismanagement and hence this default is not a shock to most investors. Since the country is not a major economy at a global …
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