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ASEAN STOCK WATCH 12 June 2010

New York Traded ASEAN ETFs, THD, EWM, EIDO, EWS, IDX, VNM

Shayne Heffernan
www.livetradingnews.com

Shayne Heffernan offers an insight into gaining some exposure in the fast growing ASEAN Market without all of the trouble of setting up new accounts to trade the various markets, here is a list of the hottest ASEAN ETFs.

iShares MSCI Malaysia Index Fund (EWM)
The Malaysia ETF is well diversified, especially for an emerging market. Four sectors account for more than 10% of total assets, and consumer goods and services receive a significant allocation. EWM is very light on energy firms, as well as health care and technology names, which combine to make up less than 1% of the total fund assets.

iShares MSCI Indonesia Investable Market Index Fund (EIDO)
EIDO is a new fund which seeks to track the MSCI Indonesia Investable Market Index, a free-float adjusted market capitalization weighted benchmark designed to measure the performance of equity securities in the top 99% by market capitalization of equity securities listed on stock exchanges in Indonesia.

iShares MSCI Singapore Index Fund (EWS)
As the most developed market in ASEAN, EWS suffered more than most from issues in Europe. The fund is well down over the past four weeks and it has seen it become the worst among ASEAN ETFs, however a US market correction will see this one leap forward. EWS is heavily focused on the finance sector which makes up just more than half of the fund’s total assets. EWS holds about 31 stocks, so it is not surprising to see that roughly 70% of EWS is concentrated in its top 10 holdings.

Market Vectors Indonesia Index ETF (IDX)
IDX is pretty well diversified among sectors with large allocations going towards financials (25%) and industrial materials (19.8%). However, the fund has no securities that are engaged in the technology or health care sectors, so investors will have to achieve that international exposure elsewhere. Indonesia has been soaring as of late due to strengthening commodity prices and one of its main components, Astra, hiking its dividends. IDX is up 6.8% thus far in 2010 despite a 10% loss over the past month.

iShares MSCI Thailand Index Fund (THD)
Despite relentless protests from the “Red Shirts” and ensuing violence in Bangkok, THD has held up surprisingly well in recent weeks.THD is more typical of an emerging market ETF, depending heavily on two sectors to make up slightly more than two-thirds of its total assets: financials and energy. THD focuses on large and giant cap corporations which make up 62% of its total assets compared to just 6% for small and micro cap securities.

Market Vectors Vietnam ETF (VNM)
Vietnam has been one of the worst performing countries in the Southeast Asian area. VNM only holds 32 companies and is highly focused on three sectors which make up almost 65% of the fund’s total assets; financials, energy, and industrial materials. This is achieved by tracking the Market Vectors Vietnam Index, which provides exposure to publicly traded companies that, predominantly, are domiciled and primarily listed in Vietnam and which generate at least 50% of their revenues from Vietnam. Despite its recent weakness, things may be turning around for VNM, the fund is up over the past week.

Global Markets By Region

Americas
Price
Change (%)
1 Year %
Last Updated
flag
Toronto Composite
11,666.92
+31.07 (0.27%)
+10.22%
Jun 12, 12:00pm
flag
Mexican Bolsa IPC Index
32,124.28
+214.06 (0.67%)
+26.87%
Jun 12, 12:00pm
flag
Brazil Bovespa Index
63,605.00
+556.00 (0.88%)
+18.98%
Jun 12, 12:00pm
flag
Argentina Merval Index
2,281.23
+19.45 (0.86%)
+37.61%
Jun 12, 12:00pm
flag
Chile IPSA Index
3,969.23
+24.90 (0.63%)
+22.76%
Jun 12, 12:00pm

Asian Pacific
Price
Change (%)
1 Year %
Last Updated
flag
Nikkei 225 Index
9,705.25
+162.60 (1.70%)
-2.86%
Jun 12, 12:00pm
flag
ASX All Ordinaries
4,516.50
+68.10 (1.53%)
+12.45%
Jun 12, 12:00pm
flag
Seoul Composite
1,675.34
+23.64 (1.43%)
+18.41%
Jun 12, 12:00pm
flag
Hong Kong Hang Seng
19,872.38
+239.68 (1.22%)
+5.78%
Jun 12, 12:00pm
flag
Shanghai
2,569.94
+7.36 (0.29%)
-8.75%
Jun 12, 12:00pm
flag
Taiwan Weighted
7,299.49
+117.72 (1.64%)
+12.96%
Jun 12, 12:00pm
flag
Singapore Straits Times
2,796.29
+16.71 (0.60%)
+16.94%
Jun 12, 12:00pm
flag
Bombay Sensex Index
17,064.95
+142.87 (0.84%)
+10.33%
Jun 12, 12:00pm
flag
Jakarta Composite
2,801.90
+31.11 (1.12%)
+32.87%
Jun 12, 12:00pm
flag
Kuala Lumpur Composite
1,294.67
+3.36 (0.26%)
+19.55%
Jun 12, 12:00pm
flag
PSE Composite
3,265.44
+40.95 (1.27%)
+29.03%
Jun 12, 12:00pm
flag
Sri Lanka All Share
4,561.33
+65.09 (1.45%)
+107.10%
Jun 12, 12:00pm

Europe
Price
Change (%)
1 Year %
Last Updated
flag
FTSE 100 Index
5,163.68
+31.18 (0.61%)
+16.38%
Jun 12, 12:00pm
flag
Paris CAC 40
3,555.52
+38.88 (1.11%)
+7.25%
Jun 12, 12:00pm
flag
Frankfurt Index
6,047.83
-8.76 (-0.14%)
+19.73%
Jun 12, 12:00pm
flag
Milan BCI General
15,743.00
+0.00 (0.00%)
+0.00%
Jun 12, 12:00pm
flag
Belgium 20 Index
2,463.85
+0.00 (0.00%)
+19.35%
Jun 12, 12:00pm
flag
Swiss Market Index
6,426.70
+50.00 (0.78%)
+18.22%
Jun 12, 12:00pm
flag
OSE Norway All Share
408.02
+1.74 (0.43%)
+14.57%
Jun 12, 12:00pm
flag
ATX Vienna
2,363.11
+0.00 (0.00%)
+7.95%
Jun 12, 12:00pm
flag
Amsterdam Total Return General
325.56
+0.00 (0.00%)
+21.95%
Jun 12, 12:00pm
flag
Madrid General
987.57
+38.36 (4.04%)
-0.92%
Jun 12, 12:00pm
flag
Stockholm General Index
318.05
-0.25 (-0.08%)
+29.59%
Jun 12, 12:00pm

Africa/Middle East
Price
Change (%)
1 Year %
Last Updated
flag
Israel TA 100 Index
1,010.30
+0.00 (0.00%)
+23.54%
Jun 11, 3:15am
flag
TEL-TECH INDEX
260.89
+0.00 (0.00%)
+25.17%
Jun 11, 2:15am
flag
TEL-TECH-15 INDEX
226.25
+0.00 (0.00%)
+20.96%
Jun 11, 2:15am

 


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