Monday, August 13, 2007

Eastern European Closed end funds offer nice discount.

After several days of higher volatility some of Central & Eastern European Closed End Funds (traded at NYSE) are offering nice discount/premium against NAV (net asset value). I just made analyse for four of them. Someone can say it is not the end of selling but technical traders see double pattern with bullish divergence.

Closed End FundPremium
CEE-13.27%
MSF-10.15%
RNE-12.21 %
TRF3.27 %

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