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Anheuser-Busch Rose 1.5% and Pushed FEZ Up
Anheuser-Busch pushed the SPDR Euro Stoxx 50 ETF (FEZ) up with a 1.5% gain. Currently, the stock is trading at 118.10 euro. Its 52-week high is 119.65 euro.
Why Have the Returns of the Franklin Mutual European Fund Improved?
TEMIX was not doing as well three months ago as it is presently. As the year has progressed, the fund’s performance has improved.
Financials Disastrous for Franklin Mutual European Fund This Year
The Franklin Mutual European Fund Class A (TEMIX) has fallen 6.5% YTD (year-to-date). Why?
Almost Nothing Good about TEMIX in 1Q16
The Franklin Mutual European Fund – Class A (TEMIX) fell sharply by 6.5% in 1Q16, placing it second to last among the 12 funds in this review. In the past one year, TEMIX has fallen 13.2%.
Why Was the ECB Monetary Policy in March Such a Surprise?
Even though participants were expecting the ECB to take measures on March 10 to stoke inflationary pressure in the Eurozone, the announcements at the meeting took most by surprise.
Should You Look to European Stocks for Growth?
European stocks began the year with a lot of hope pinned on them for providing capital appreciation in the year.
Philips Topped FEZ, Rose 6% as It Posted Strong Earnings
Philips posted strong quarter earnings, with a profit rise of 55%. In 2015, it posted sales of 24.2 billion euros, compared to 21.4 billion euros in 2014.
UniCredit Fell 6.4%, Emerged as FEZ’s Biggest Loser
On Monday, January 25, 2016, the stocks at the bottom of the SPDR Euro STOXX 50 ETF (FEZ) were UniCredit, Deutsche Bank, Banco Santander, and Daimler.
How the Franklin Mutual European Fund Allocated Its Portfolio in 2015
The Franklin Mutual European Fund’s assets were spread across 78 holdings (stocks, bonds, and currencies) as of December 2015.
Greek Debt Crisis Impacted the Eurozone in 2015
Greece’s debt was ~250 billion euros. The Greek debt crisis left the EU in a difficult situation. It can allow Greece to exit or it can accept Greece’s soaring debt.
Moving Average Analysis of FEZ’s Banking Industry
The continuous fall in commodity and crude oil prices was one of the major factors behind the banking industry’s poor performance in 2015.
How Does the Greek Debt Crisis Impact the Eurozone?
Greece’s debt was around 250 billion euros. It’s nearly 175% of its 2013 GDP figures. The GDP could fall more in 2016. The debt crisis started in 2010.
Deutsche Post Topped FEZ, Offers Tracking for International Mail
On December 21, FEZ’s top stocks were Deutsche Post, Volkswagen (VLKAY), ASML Holdings (ASML), Deutsche Bank (DB), Unicredit (UNCFF), and Daimler (DDAIF).
Looking at TEMIX’s Portfolio up to November 2015
TEMIX’s assets were spread across 78 holdings as of September 2015. It was managing assets worth $3.3 billion as of November’s end.
How Did the Eurozone Perform in the Past Year?
The Eurozone’s economy provided a modest GDP (gross domestic product) growth rate of 0.4% in 2015. It was below the consensus estimate.
Transportation and Software Industry Led FEZ
Among all of the industries of the SPDR Euro Stoxx 50 ETF (FEZ), the transportation industry provided the highest positive return of 0.5% on December 14, 2015.
Sanofi Tops FEZ, Applies for First Dengue Vaccine in India
On Friday, December 11, 2015, the stocks at the top of FEZ were Industria De Diseno, Sanofi (SNY), UniCredit, ING Groep, and L’Oréal. It’s worth noting that all these stocks had negative returns that day.
Banking Stocks Were FEZ’s Biggest Losers
On Tuesday, December 8, 2015, All of FEZ’s major losers belonged to the banking industry. All the banking stocks were trading below their respective moving averages.
European Central Bank: December’s Monetary Policy Actions
The ECB (European Central Bank) announced its monetary policy decision on December 3, 2015, outlining several decisions.
The ECB Disappoints Markets with Its Monetary Policy Decisions
The ECB declared its key policy decisions after its meeting on December 3, 2015. The ECB’s Chief announced major moves at a press conference.
How the Franklin Mutual European Fund Fared until October
The Franklin Mutual European Fund can invest up to 20% of its assets in instruments issued by companies located in the United States and several other regions.
Sectors Driving the FEZ ETF’s Performance on October 21
On October 21, the top three performing industries in the SPDR Euro Stoxx 50 ETF were software, miscellaneous manufacturer, and the food industry.