Notable ETF Movers of the Day 11/15: (EWJ) Higher; (TAN) (GDX) Lower
Tweet
Share
E-mail
Gainers:
iShares MSCI Japan Index (NYSE: EWJ) gained 1.37 percent on Thursday in heavy volume. Japan is set to hold elections and reports say opposition leader Shinzo Abe is set to intact bold new monetary easing efforts in order to stimulate the economy. Shinzo may also be hoping to weaken Japan's currency as way to boost manufacturing. CurrencyShares Japanese Yen Trust (NYSE: FXY) reacted to the news by falling 1.15 percent as the dollar gained strength.
Decliners:
Guggenheim Solar ETF (NYSE: TAN) declined 3.44 percent. Shares of GT Advanced Technologies (Nadaq: GTAT) declined over 5 percent. Overall, it has been a difficult 5 days for TAN. The ETF is down 10 percent with broad weakness in companies such as First Solar (Nasdaq: FSLR), Suntech Power Holding (NYSE: STP) and others.
Market Vectors Gold Miners ETF (NYSE: GDX) declined 2.3 percent. Gold miners suffered another day of declines as investors sought safety in other assets. AngloGold Ashanti (NYSE: AU) was among the decliners, lower by 3 percent into the close on Thursday.
iShares MSCI Japan Index (NYSE: EWJ) gained 1.37 percent on Thursday in heavy volume. Japan is set to hold elections and reports say opposition leader Shinzo Abe is set to intact bold new monetary easing efforts in order to stimulate the economy. Shinzo may also be hoping to weaken Japan's currency as way to boost manufacturing. CurrencyShares Japanese Yen Trust (NYSE: FXY) reacted to the news by falling 1.15 percent as the dollar gained strength.
Decliners:
Guggenheim Solar ETF (NYSE: TAN) declined 3.44 percent. Shares of GT Advanced Technologies (Nadaq: GTAT) declined over 5 percent. Overall, it has been a difficult 5 days for TAN. The ETF is down 10 percent with broad weakness in companies such as First Solar (Nasdaq: FSLR), Suntech Power Holding (NYSE: STP) and others.
Market Vectors Gold Miners ETF (NYSE: GDX) declined 2.3 percent. Gold miners suffered another day of declines as investors sought safety in other assets. AngloGold Ashanti (NYSE: AU) was among the decliners, lower by 3 percent into the close on Thursday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Texas Stock Exchange wins first primary listings with TCBI’s ETFs
- After-Hours Movers: AMAT, DLO, GLOB, YSS, ETON
- Natural Gas Inventory 36 bcf vs 31 bcf Expected
Create E-mail Alert Related Categories
ETFs, Special ReportsRelated Entities
Notable ETF MoversSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
