NEW YORK ( TheStreet) -- The S&P 500 Index gained 2.2% during this week, in comparison to the gains of 2.2% for Brazil's Bovespa, 2% for Dow Jones Industrial Average and 1.3% for India's Nifty Index. The Shanghai Composite Index gained 0.8%, the least among all indices as the country's July manufacturing Purchasing Managers Index expanded at the slowest pace in 17 months to stand at 51.2.Few emerging market ADRs have outperformed both domestic and foreign bourses. Among China ADR gainers, Guangzhou Global Telecom (GZGT) escalated 25% during the past one week. Nam Tai Electronics (NTE) was up 17.3% after the maker of electronic goods announced that its second-quarter sales increased 12% year-over-year and earnings per share stood at 7 cents.
Emerging Market ADRs Outperform on Earnings
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.