China ETFs' recent gyrations are enough to give one whiplash. Many have behaved like the Shanghai Composite Index recently. After soaring 152% over the previous 12 months -- 60% this year alone -- to a seven-year high on June 12, the benchmark for mainland China's stock market hit a significant speed bump. Last week the index stumbled 13% into a much-anticipated correction. A 5% rally the first three days of this week gave way to selling Thursday,
Thursday 25 June 2015
Can China ETFs Continue Their Ascent?
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
China ETFs' recent gyrations are enough to give one whiplash. Many have behaved like the Shanghai Composite Index recently. After soaring 152% over the previous 12 months -- 60% this year alone -- to a seven-year high on June 12, the benchmark for mainland China's stock market hit a significant speed bump. Last week the index stumbled 13% into a much-anticipated correction. A 5% rally the first three days of this week gave way to selling Thursday,
China ETFs' recent gyrations are enough to give one whiplash. Many have behaved like the Shanghai Composite Index recently. After soaring 152% over the previous 12 months -- 60% this year alone -- to a seven-year high on June 12, the benchmark for mainland China's stock market hit a significant speed bump. Last week the index stumbled 13% into a much-anticipated correction. A 5% rally the first three days of this week gave way to selling Thursday,
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment