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Finance & Markets

Peek Under The Hood: GLOW Has 10% Upside

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself.

We haven't written up this one. Nasdaq Markets has the full story — the link below goes straight to it.

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War Divides Fortunes: Huge Earnings for Refiners, Big Losses to Petrochemicals

Due to the aftermath of the war in the Middle East and fluctuations in the global supply chain, the performance of the domestic oil refining and petrochemical industries diverged significantly in the…

  • Oil refiners earned 5.9 trillion won in Q3, benefiting from rising margins and base oil shortage.
  • Petrochemical companies suffered losses, unable to pass increased raw material costs to consumers.

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