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Vancouver, British Columbia--(Newsfile Corp. - December 3, 2024) - Quest Critical Metals Inc (CSE: BULL) (OTC Pink: DCNNF) (FSE: DCR0) ("Quest Critical Metals" or the "Company") announces that it will be speaking at the EU Raw Materials Week 2024 (December 9th-13th, 2024) in Brussels, Belgium (https://single-market-economy.ec.europa.eu/sectors/raw-materials/week_en). James Newall, Quest's CEO, representing Quests' 100% owned Czech subsidiary Golden Pet, will be speaking on December 12th on 'Exploration: Challenges, Needs and Solutions' at the main event.
iShares MSCI Israel ETF (EIS) has seen a 40% price increase since November, outperforming the S&P 500 Index. EIS has a robust basket of 106 Israeli stocks, with a heavy focus on Information Technology, but concerns remain about the local economy. EIS is fairly valued at current levels, with potential entry opportunities after a 5-10% pullback, and has the best Momentum grade among Israel country funds.
Country ETF investing provides international diversification, especially as the US market is extended. iShares MSCI Israel ETF offers exposure to the Israeli equity market, focusing on the Tech and Health Care sectors. The EIS ETF holds a concentrated yet diversified basket of Israeli companies, with heavy exposure to the Information Technology and Financials sectors.
The iShares MSCI Israel ETF (EIS) offers access to Israeli companies and has remained strong in the face of geopolitical risks. EIS has a varied portfolio with an emphasis on technology and finance, providing possible protection in case of a shift away from growth. The fund has seen consistent inflows, bouncing back from outflows in 2023, and currently presents appealing value opportunities.
iShares MSCI Israel ETF has rallied over 34% from its October low and is close to exceeding its 2023 high. EIS's exposure suggests that the majority of its holdings, particularly technology companies, are unlikely to be directly affected by the Middle East conflict. Israel's economy has rebounded after a two-month contraction.
Israel's shekel has recovered its losses following the Hamas attack of October 7 amid signs investors are moving back into the country's markets despite a continuing war.
EIS has declined by 15% since the start of the Israel-Hamas war. While the conflict is pressuring the Israeli economy, we highlight how the EIS portfolio includes companies with a more global profile operating internationally. Expect the volatility to continue including through a weaker Israeli Shekel currency although we see room for the fund to rebound longer term.
The Israeli shekel fell for an eighth consecutive session on Thursday, hitting its weakest versus the dollar since 2015, as the war with Hamas continued.
The Israeli new shekel touched its weakest level against the U.S. dollar in more than eight years on Monday as investors fretted about the potential economic blowback of a prolonged conflict with Hamas.
Geopolitical tensions in the Middle East are weighing on investor sentiment in the exchange-traded fund market as traders watch for ripple effects from the Israel-Hamas war.
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