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FLZA (Franklin FTSE South Africa ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
The ETF industry made a strong showing during the past week, with 16 new funds making their debuts and several funds closing. Gotham, Qraft, the Bahnsen Group, Simplify, First Trust, Global X, Avantis and Janus Henderson all rolled out new ETFs.
The past week saw a spike in ETF launches, with 19 new funds debuting.
In this week's review of the top ETFs of the last week, crypto ETFs dominated once again. The so-called 2022 crypto winter has long since thawed in a year marked by SEC and spot bitcoin ETF drama.
Wall Street delivered a moderate performance last week.
In this edition of the top weekly ETF performers, KraneShares stood out with carbon offset ETF KSET. The KraneShares Global Carbon Offset Strategy ETF (KSET) returned 17% for the week, only outperformed by the Breakwave Tanker Shipping ETF (BWET).
South African companies struggled with multiple headwinds at the start of the second quarter, load shedding in particular. A renewed rise in new business thus largely translated into a pile-up in backlogs of work that was the sharpest since last August.
Inflation is expected to remain elevated longer in Sub-Saharan Africa than in other regions. The surge in global commodities prices in 2021 gave room to Sub-Saharan Africa countries to adopt fiscal consolidation measures as tax proceeds, particularly from the mining sector, boosted government revenue.
The COP27 presented a number of challenges that nations will face in the coming years. At present, “pure” green activities represent a very small portion of global GDP and an even smaller portion of emerging market economies.