Global X FTSE Portugal 20 ETF

Latest Global X FTSE Portugal 20 ETF News and Updates

  • uploads///High Level of Unemployment in Greece
    Macroeconomic Analysis

    Greece’s Unemployment Falls, but Still the Highest Among Peers

    Europe’s average unemployment has fallen to a four-year low of 9.8% as of 2016. Greece’s seasonally adjusted unemployment rate was 23.5% in January 2017.

    By Mary Sadler
  • uploads///Greece unemployment rate
    Macroeconomic Analysis

    Greece needs to pick up economic momentum

    The subdued economic momentum in Greece has had a direct—and negative—impact on its ability to honor its foreign obligations, specifically its bailout loan.

    By Surbhi Jain
  • Financials

    Must-know: Investing in the PIIGS nations

    The PIIGS nations are Eurozone’s most troubled economies. Considering historical and recent economic developments in these nations, most of them have been in serious financial trouble in regards to sovereign debt. The trouble with the PIIGS nations and the Eurozone economies lies in their monetary union.

    By Surbhi Jain
  • uploads///PGAL

    Must-know: Investing in Portugal

    The Global X FTSE Portugal 20 ETF (PGAL) retreated 3.99% on the news of the bailout. The fund tracks the FTSE Portugal 20 Index and holds a small basket of 20 stocks. So far, PGAL has gathered $35.2 million in assets. The product is heavily concentrated in its top ten holdings that form about three-fourth of the total fund assets.

    By Surbhi Jain
  • uploads///ASE index

    Investor fears in Greece send yields up, market index down

    Two bailouts got Greece up and running. After trending downward until early 2012, the Athens Stock Exchange Composite Index began to show signs of life.

    By Surbhi Jain
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