Posts for Ticker ‘TWN’

ETF Watch: What Happened In iShares MSCI Taiwan Index? (EWT, TWN, TFC, FXI)

money-stack-image56Today was one of the strangest days ever in the iShares MSCI Taiwan Index (NYSE: EWT) ETF.  In fact, you rarely ever see such trading action as we saw today in any ETF that tracks a foreign market.  At 3:25 PM EST we saw a headline that shares of the ETF were hated, pending a dissemination.

This looks like it was on reactions to China taking more steps to strengthen the ties between the countries.  China has agreed to allow Taiwan to participate in the WHO ruling body and announced a large investment in the country according to the WSJ.
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Posted on: April 29, 2009 – 4:01 pm in ADR, China, ETF, Mutual Funds, , , ,