India ETFs surge forward in May
- Trading value in the ETF/ETN market in May 2014 was about JPY 1.7555 trillion, with daily average trading value reaching about JPY 87.8 billion.
- During the month, the Indian general election drew attention to the country's stock market. NEXT FUNDS CNX Nifty Linked Exchange Traded Fund (1678) saw trading value grow more than ten-fold, pushing its overall
ranking up to 19th while Listed Index Fund CNX Nifty Futures (India Equity) (1549) also saw increased activity. - Meanwhile, the trading value rankings highlighted the significant gains made by TOPIX ETF (1306) and other TOPIX ETFs.
| ETF/ETN Monthly Report for May 2014 |
