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Notable ETF Movers 12/2: GDX, TUR Up; UNG, USO, THD Down

  • Written by admin | No Comments Comments
    Last Updated: December 2nd, 2009

    StreetInsider.com Notable ETF Movers:

    HIGHER;

    • Market Vectors Gold Miners ETF (NYSE: GDX) up 2.35% to $54.94. Gold maintains a high level after breaking through a record high of $1200 yesterday. Investors, losing faith in the Dollar and other currencies, are still trudging towards tangible metals.
    • iShares MSCI Turkey Invest Mkt Index (NYSE: TUR) shares are up 3.93% to $49.44. J.P. Morgan recently upgraded the sector, noting that Turkish exporters may benefit from a European bounce-back. Markets in Turkey were closed at the end of last week to observe a religious holiday, but stocks traded down as fears of Gulf

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