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The previous week was all about heightening and easing in U.S.-Iran tensions. New 12 months’s Eve first witnessed an assault by Iran-backed militias on the U.S. Embassy in Baghdad, which was hit again by a U.S. drone strike close to the Baghdad worldwide airport that killed an Iranian army chief (learn: 5 Multi-Asset ETFs to Counter Volatility & Enjoy Solid Yields).
Iran struck again by launching missiles at American bases in Iraq on Jan 7. Not solely this, Iran “unintentionally” shot down the Ukrainian passenger airplane Boeing 737-800 (learn: Will Buffett’s Rumored Faith Lift Boeing ETFs Despite Crashes?).
Nonetheless, although tensions flared up earlier within the week, buyers shrugged off issues on the finish of the week and shares as soon as once more bounced again to hit highs. Towards this backdrop, under we spotlight a number of ETFs that had been the highest performers final week.
International X MSCI Nigeria ETF (NGE) – Up 7.4%
Nigeria’s inventory trade topped the chart final week, due to its central financial institution’s transfer. “The Central…