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FLGR

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    33.5009$
  • Previous Close
    33.5241$
  • 52 Week Change
    --
  • Day Range
    -0.02$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

FLGR.US represents Franklin FTSE Russia ETF, an exchange-traded fund (ETF) that seeks to track the investment results of an index composed of Russian equities. Due to geopolitical events and regulatory restrictions, trading in FLGR.US has been halted on major exchanges, and its ability to accurately reflect the Russian equity market is severely limited. Consequently, the ETF's net asset value (NAV) may not align with its theoretical underlying holdings.
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Factors

Global X FTSE Argentina ETF (FLGR.US) price is influenced by: Argentinian Market Performance: FLGR's primary holdings are Argentinian companies, so their performance drives FLGR's value.

Currency Fluctuations: The Argentinian Peso's exchange rate against the USD impacts FLGR's returns when converted back to USD.

Political and Economic Instability: Argentina's volatile political and economic climate significantly affects investor sentiment and asset valuations.

Commodity Prices: As Argentina's economy relies on commodities, their price fluctuations impact companies within FLGR.

Interest Rates: Changes in Argentinian interest rates can affect borrowing costs for companies in FLGR, impacting their profitability and valuation.

Inflation: High inflation in Argentina erodes purchasing power and company profitability, negatively impacting FLGR.

Fund Flows: Investor demand for FLGR shares affects its market price; high demand increases price, and low demand decreases it.

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