Greece ETF Up 20% Since March; Fitch Lifts Credit Rating
May 15, 2013 at 12:15 PM EDT
Global X FTSE Greece 20 ETF (NYSEArca: GREK) has rallied 20% since the end of March as investors turn more sanguine on Europe’s debt woes and the health of the global economy. The Greek ETF climbed 3.5% in afternoon trading Wednesday in the wake of a credit upgrade from Fitch Ratings. The fund,...