Lithium ETF Rose 20.5% on Improved Demand

ETF Trends reported that lithium exchange traded fund has rose 20.5% in 2012 due to higher lithium demand worldwide.

As quoted in the market news:

Global X Lithium ETF (NYSEArca: LIT) is up 20.5% year-to-date, compared to the 23.4% drop over the last year. The fund recently crossed over its 200-day exponential moving average.

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