Macro Monday 53 - Indonesia – Palm Oil Capital of the WorldMacro Monday 53
Indonesia – Palm Oil Capital of the World
This week we are looking at all the reasons why Indonesia is one of the fastest growing economies in world and projected sustain this growth well into the future. We will learn how it is incredibly diverse this group of islands are in pr
Key stats
About iShares MSCI Indonesia ETF
Home page
Inception date
May 5, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
EIDO provides a market-like portfolio that captures the Indonesian equity space. The fund offers a broad-based exposure, capturing roughly 99% of the free float-adjusted market capitalization in Indonesia. The fund complies with the regulated investment companies (RIC) limits under the current US Internal Revenue Code, wherein no single issuer can exceed 25% of the index weight, and all issuers with weights above 5% do not cumulatively exceed 50% of the index weight. EIDO uses a representative sampling strategy, holding a sample portfolio that has similar profile to the index, which is rebalanced quarterly starting each February. The fund may also invest up to 10% of its assets in futures, options and swap contracts.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
If you can't beat them, join them !Read article here
Sadly, many people around the world, not just Indonesia are still taking the Covid-19 virus lightly.
I can almost hear them saying these :
It can't be me ;so they say and go about their daily lives.
This is the government job, not mine !
The animals have spoken at last, s
EIDO on downside riskBased on price below MA200 and all of its respective moving average, we see that EIDO is on the downside risk. Price are on trend line support. If it fall below 24.35, we see a future downside to 22.14 with minor target of 23.25.
Anyone who trade Indonesia stocks should aware with this.
#GaleriSah
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.