Is NORW a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

151 people get NORW articles and Market Currents by email alert.

Get email alerts on NORW »

FOCUS | PRO | RELATED | TRANSCRIPTS | NEWS & PR

Does It Make Sense To Invest In German Bonds For Zero Return?
Labutes IR • Wed, May 23, 2012 • 16 Comments
Renewed Optimism In Energy Could Be Positive For Norwegian ETF
Power Hedge • Tue, Jan 17, 2012 • 3 Comments
One Year Later: Global X Norway ETF Still Finding Its Footing
Jared Cummans • Wed, Nov 30, 2011 • 1 Comment
Norway ETF Hurt By Krone Strength
Tom Lydon • Tue, Aug 23, 2011 • 4 Comments
A Look Inside the Global-X Norway ETF
Power Hedge • Wed, Mar 16, 2011 • 3 Comments
Norway Gets Single Country ETF
Ron Rowland • Fri, Nov 12, 2010 • 1 Comment
Global X Launches First Norway ETF
Michael Johnston • Wed, Nov 10, 2010 • 1 Comment

To learn more about Seeking Alpha Pro, click here.

Just A Sneeze--Or Dutch Disease?
AllianceBernstein • Wed, May 29 • 2 Comments
4 ETFs That Could Be Affected By Future Rate Cuts
Benzinga • Sun, May 19
Explaining Price Movements In FX Rates Based On Fundamentals
George Dorgan • Mon, May 13
Yet Another Northern European Property Bubble Under Attack
Pater Tenebrarum • Thu, Mar 7 • 4 Comments
Thumbnail Sketch Of Sweden And Norway
Marc Chandler • Wed, Mar 6
2013 -- Breakout Or Comeuppance?
Joseph L. Shaefer • Mon, Jan 28 • 13 Comments
Why You Must Change Your Strategy For 2013: Here's How...
Joseph L. Shaefer • Wed, Jan 23 • 85 Comments
Roger Nusbaum Positions For 2013: Think Long Term, Invest Globally
Roger Nusbaum • Thu, Dec 20, 2012 • 27 Comments
Nordic Update
Marc Chandler • Tue, Oct 9, 2012 • 1 Comment
Keeping An Eye On European Funds For Possible Future Re-Entry
StopAlerts • Thu, Oct 4, 2012 • 2 Comments
Nordic Stocks Offer Investment Opportunities
David Hunkar • Tue, Oct 2, 2012 • 8 Comments
The Only European Investment To Consider
Invest Chief • Sun, Sep 9, 2012 • 16 Comments
Where In The World Is Risk Today?
Russ Koesterich • Tue, Jun 26, 2012 • 18 Comments
ETF Spotlight: Single-Country Funds
Tom Lydon • Mon, Jun 18, 2012
Europe ETFs: The Good, The Bad, The Ugly
Michael Johnston • Thu, Jun 14, 2012 • 1 Comment
5 Stocks Yielding Over 4% From 'Safe Haven' Norway
Labutes IR • Tue, May 15, 2012 • 9 Comments
Individuals Have No Business Picking Stocks? Really?
Roger Nusbaum • Fri, May 11, 2012 • 41 Comments
3 ETFs To Watch This Week: FXI, NORW, USO
Jared Cummans • Mon, May 7, 2012
Dividend Return Vs. Total Return For Developed Market Country Indexes
Richard Shaw • Sun, Apr 8, 2012 • 4 Comments
Scandi Update
Marc Chandler • Fri, Mar 30, 2012 • 1 Comment

There are no Transcripts on NORW.

What Country Is the Safest Place to Invest Your Money?

at CNBC.com (Jun 28, 2011)

NORW vs. ETF Alternatives

NORW Description

The Global X FTSE Norway 30 ETF seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE Norway 30 Index.
See more details on sponsor's website

Country: Norway

Key Info

In Your Portfolio: A Guide to International Equity ETFs
Asset Class Performance: Countries

All
| Earnings
| Dividends
| M&A
| On the move

Wednesday, August 29, 2012, 8:11 AM A bit of excitement comes out of Norway where the Norges Bank holds its benchmark rate at 1.5%. The move was supposedly expected, but the euro promptly plunges against the krone, suggesting someone believed the bank was going to cut. The euro also gives up a few pips vs. the greenback, -0.2% to $1.2540. Comment! [Global & FX, On the Move]
Thursday, August 16, 2012, 11:40 AM A panel of Norwegian oil and gas experts says the costs of offshore drilling are too high and calls for easing safety rules to save up to 1T kroner ($167.5B) and allow greater volumes of oil and gas to be produced. Without action, there's a "grave danger" that vast resources may remain in the ground forever. Norway's petroleum production fell 4% in 2010 and 5% in 2011. 8 Comments [Energy]
Wednesday, June 20, 2012, 8:43 AM Norges Bank leaves its benchmark rate unchanged at 1.5% even as it downgrades the growth prospects of Norway's key European trading partners, perhaps slightly disappointing ideas of coordinated global easing this month. NORW +2.5% YTD. Comment! [Global & FX]
Thursday, May 10, 2012, 8:29 AM Norges Bank leaves policy unchanged, its benchmark lending rate staying at 1.50% following December's 75 basis point cut. "Activity in the Norwegian economy is slightly higher than expected, but tensions in international financial markets have flared up again,” says Deputy Governor Jan F. Qvigstad. NORW +6.1% YTD. Comment! [Global & FX]
Wednesday, March 14, 2012, 9:40 AM The krone plunges against the euro after Norway's central bank unleashes a surprise by cutting its benchmark rate 25 bps to 1.50%. "The continuing downturn abroad and the strong krone are contributing to keeping inflation low and weighing on growth in Norway," says Norges Bank Governor Olsen. NORW +16.6% YTD. Comment! [Global & FX, On the Move]
Wednesday, December 14, 2011, 8:05 AM Norway's central bank cuts it benchmark rate 50 bps to 1.75%, more than the expected 25 point cut. "The turbulence in financial markets has intensified and external growth is now expected to be clearly weaker, particularly in the euro area," says Deputy Governor Jan Qvigstad. 3 Comments [Global & FX, Breaking News]
Wednesday, December 14, 2011, 2:50 AM Norway's central bank may cut its benchmark rate today to 2% from 2.25%, the first rate cut since 2009, as deepening eurozone gloom threatens the country's exports and pushes up bank borrowing costs. A full 60% of Norway's factory goods go to other European nations, and the region's crisis is already dragging down Norway's manufacturing output, consumer confidence and mainland economy growth. Comment! [Global & FX]
Monday, November 28, 2011, 11:36 AM Kokusai Asset Management, Japan's largest mutual fund company, says it has unloaded all of its Italian, Spanish, and Belgian bond holdings, lowering the level of euro-denominated paper in its flagship fund to 15.9% from more than 30% two months ago. Hopefully not auguring the next trouble spots, the fund is redirecting assets to the debt of Canada, Australia, Sweden, and Norway. 1 Comment [Global & FX]
Friday, September 23, 2011, 8:21 AM The Oslo stock exchange shuts down due to technical problems. Shares in the OBX Index were -3% at the time of the halt. NORW -10.2% this week. Comment! [Global & FX]
Thursday, September 8, 2011, 8:02 AM It took about 48 hours for Norway to say "not so fast" to investors rushing into the krone, following the earthquake out of Switzerland. "Monetary policy measures will be taken," says central bank governor Oystein Olsen. The krone has shot to an eight-year high vs. the euro this week. Comment! [Global & FX]
Tuesday, September 6, 2011, 8:33 AM One possible loser from the SNB move could be Norway, where the krone surges to its strongest level since 2003 as money seeks the next safe haven. Norwegian shares are off slightly, in line with the rest of Europe this morning. Norway ETF NORW -13.5% YTD. Comment! [Global & FX]
Thursday, May 12, 2011, 9:04 AM Norway raises its benchmark deposit rate 25 basis points to 2.25%. "Inflation is low," says Norges Bank Governor Olsen, "on the other hand, capacity utilization is rising ... there are prospects inflation will pick up." Norway ETF: NORW +3.05% YTD. Comment! [Global & FX]
Thursday, March 3, 2011, 8:22 AM Oil companies take the collar in Norway in 2011 as all wells drilled come up empty of either crude or gas. A string of dry wells last year prompted Norway to cut its estimated gas reserves by 31%. Energy production makes up 25% of Norway's economy. NORW +12.3% since inception. STO +12.0% YTD. Comment! [Global & FX]
Wednesday, December 1, 2010, 5:03 PM Wednesday's Top Country ETF Performers: Vietnam (VNM) +7.3%, Spain (EWP) +6.0%, Poland (PLND) +5.3%, Austria (EWO) +4.8%, Indonesia (IDX) +4.6%, Norway (NORW) +4.4%. Comment! [Global & FX]
Tuesday, November 9, 2010, 3:47 PM Tomorrow Global X will launch the first ever Norway ETF (NORW). The fund will join the Global X FTSE Nordic 30 ETF (GXF) as the only other ETF offering U.S. investors Scandinavia exposure. NORW is heavily tilted towards the energy (41.5%) and financial (18%) sectors. It will sport an expense ratio of 0.50%. Comment!

Vinofilo
$NORW $STO I hope Cyprus and Italy keep pushing these two down.
Mar 18, 3:49 PM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Oceanstats
The Oslo stock exchange shuts down due to technical problems. Shares in OBX Index were -3% at the time of the halt. NORW -10.2% this week.
9/23/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hans_in_MTL
In NORW and XIV for the weekend, expecting things to calm down somewhat before the next storm. Keeping an eye on S.TO - bounce is due.
8/12/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hans_in_MTL
If Europe calms down at all, NORW looks good to me.
8/11/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hillbilly Stock Star
NORW....I like Norway (STO, SDRL, et al) tech savy in Oil & Gas imo......
7/23/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hillbilly Stock Star
Not that I can think of, read bullish reports on fisheries, long NORW
7/23/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hillbilly Stock Star
NORW......watch if Brent trades up! Long.
7/14/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hillbilly Stock Star
NORW......Norway usually has plenty of fishes, Long.
7/8/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hillbilly Stock Star
NORW.......PIMCO Bullish on Norway see Barron's, Long.
7/6/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Hillbilly Stock Star
NORW, SDRL.......stone cold chillin while my boys are sea drillin! Long.
6/29/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

NORW Global X Norway ETF

NORW

Global X Norway ETF