We can give you our top three favorite countries to start investing in stocks right now:
- Although the U.S. is in a good fourth place in the ranking, China, Russia and Norway are currently favorites of the investment manager.
- “China is showing positive and improving momentum,” writes portfolio manager James Calhoun. “This rhymes beautifully with continued strong fundamentals and undemanding valuations.”
Investing in China
There are several ways to gain exposure toward China. Examples include the iShares China Large Cap ETF (the largest of all China ETFs) and the iShares MSCI China ETF, Marketwatch lists. For a larger Internet focus, take a look at the KraneShares CSI China Internet ETF.
Russia and Norway
For the Russian and Norwegian markets, these ETFs may be worth a look: the VanEck Vectors Russia ETF, the iShares MSCI Russia Capped ETF, the iShares MSCI Norway ETF and the Global X Norway ETF. There are several Norwegian companies that are publicly traded. Some of the companies are Aker Solutions (oil company), Gjensidige Forsikring (insurance company) and Norsk Hydro (energy company). There are numerous other Norwegian companies on the stock market so plenty of options for investing in the Norwegian stock market.
So investing in Norwegian companies is possible. There are still a few things to take into account when you want to invest.
- The Norwegian currency is Norwegian krone. This is also the currency used for investing.
- Each country has an index. Norway’s is called OBX where you can start with kjøpe Amazon aksjer.
- The Norwegian stock market opens at 09:00 and closes at 17:30.
The stock market index includes the 26 largest companies on the Oslo Stock Exchange. The index is OBX.
There are many companies affiliated with the Stock Exchange of Norway. This stock exchange is also called the Oslo Børs. The companies that are linked to it are the largest and most dynamic companies in Norway. These 26 largest companies together are called the OBX. Based on the prices of these 26 largest Norwegian companies, the Norwegian economy is presented in the OBX. The index is calculated in real time. This means that the value is constantly changing and therefore very sensitive to changes within the companies. (Source: Pexcash Norway)