5.9 C
New York
Friday, March 29, 2024

Asian ‘FANG’ Stocks Suffer Worst Week In History

Courtesy of ZeroHedge. View original post here.

Representing a major segment of EM stocks, TATS are the Asian ‘FANGs’, and they just suffered their worst week on record.

Taiwan Semi, Alibaba, Tencent, and Samsung are TATS and account for over 16% of the MSCI EM Stock index (considerably more than FANG stocks represent in the S&P).

TATS have traded lower for 4 of the last 5 days – tumbling almost 8% to one month lows…

Tencent is the biggest loser…

The biggest weekly drop in the history of the 4 stocks…

Overnight no BTFD in these names.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,450FansLike
396,312FollowersFollow
2,280SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x