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7 pts

Opinion on  iShares MSCI Taiwan (EWT)     Sector: Financial  >  Industry: Misc. Financial Services
recent taiwan elections support the mkt

Jan 30, 2008 04:55 AM GMT
Return Risk
-20.37% MID
Analyst

With recent election success of KMT party Taiwan should see a change in its political course with further aligning itself with mainland China. This along with the fact the Taiwan has lagged the China story bodes well for Taiwan market to outperform.


Update 01/30:

The Jakarta market has performed exceedingly well over the last 3 years and this should continue with the economy (GDP) forecast to continue at about 6-6.5%. Long-term, the technical indicators are still positive as are corporate earnings. IF is an etf that is trading at about a 15% discount to its nav.


EWT:  This call was made on 01/30/08 @ $13.56
Rating:   Positive   $13.56 (01/30/08)
Closed:   01/30/2008 @ $13.56 (+0.00% in 1 hour)


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huahin previously rated EWT
Positive -8.55% Post election relations with China should bode well for Taiwan
01/30/2008
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