Price Update: Comparing Apples & Oranges so to speak, the #EPHE #ETF so far has exceeded its mark with a US session high @37.82 while maintaining its course holding on to its gains, with the #PSEI equivalent landing on an 8000 corrective closing price for the day in the Philippines.
Extensions and value on this ETF far exceeds the performance of the local PH Bourse equivalent ETF that tracks the PSEI which declined due to the 10% ex-date of stock dividends given by the company that simply created a price discrepancy & a contraction from last Friday's adjustments compared with the market movements at the start of Monday's trading 6.05.17 Asian session. Although, the US market has provided an 'Arbitrage' strategic positioning where the extensions of the gains and likewise added more value from the previous weeks prices. Well worth the additional expense ratio that tactical investors carry as it improves the bottom line results with averaging on the way higher from the 31.00 +32.00+33.00 levels.
Its been quiet so far on the frontlines as holiday schedules are in place even the FX market simply waiting for the major event to occur on the UK election. So far US equities are on a sideline with barely incremental changes with prices.
The overall price discrepancy has changed the landscape of value in the overall pricing and made significant changes the way the adjustments made on the charting system. Other traders may simply accept these changes as an increase in stock dividends were declared. Still Due diligence is still required.
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