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CEE / Central & Eastern Europe Fund sinks to 21-month low after advising not to make new buys of Russian securities

Shares of Central & Eastern Europe Fund Inc. CEE, -12.77% sank another 11.5% in afternoon trading Wednesday toward a 21-year low, after the investment fund said its investment adviser, DWS International GmbH, recommended its clients not make new investments in Russian securities. The fund's shares, which are on track for the lowest close since October 2001, have now tumbled 55.7% since Russia's invasion of Ukraine last Thursday, while the iShares MSCI Russia ETF ERUS, -0.67% has plunged 59.3% over the same time, and the S&P 500 SPX, +2.03% has gained 4.0%. Read More
Posted: Mar 2 2022, 13:25
Author Name: Market Watch
Views: 102022

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Central & Eastern Europe Fund sinks to 21-month low after advising not to make new buys of Russian securities

By Market Watch
March 2, 2022

Central & Eastern Europe Fund sinks to 21-month low after advising not to make new buys of Russian securities

Shares of Central & Eastern Europe Fund Inc. CEE, -12.77% sank another 11.5% in afternoon trading Wednesday toward a 21-year low, after the investment more_horizontal

Central & Eastern Europe Fund sinks to 21-month low after advising not to make new buys of Russian securities

By Market Watch
March 2, 2022

Central & Eastern Europe Fund sinks to 21-month low after advising not to make new buys of Russian securities

Shares of Central & Eastern Europe Fund Inc. CEE, -12.77% sank another 11.5% in afternoon trading Wednesday toward a 21-year low, after the investment more_horizontal

Central & Eastern Europe Fund sinks to 21-month low after advising not to make new buys of Russian securities

By Market Watch
March 2, 2022

Central & Eastern Europe Fund sinks to 21-month low after advising not to make new buys of Russian securities

Shares of Central & Eastern Europe Fund Inc. CEE, -12.77% sank another 11.5% in afternoon trading Wednesday toward a 21-year low, after the investment more_horizontal


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