
{"id":46480,"date":"2026-11-05T12:03:00","date_gmt":"2026-11-05T11:03:00","guid":{"rendered":"https:\/\/www.forex-mag.com\/?p=46480"},"modified":"2026-11-13T13:07:57","modified_gmt":"2026-11-13T12:07:57","slug":"%d9%85%d9%86-%d8%af%d9%88%d9%86-%d8%a7%d9%84%d8%b5%d9%8a%d9%86-%d9%84%d8%a7-%d9%8a%d8%b9%d9%86%d9%8a-%d9%85%d9%86-%d8%af%d9%88%d9%86-%d9%85%d8%ae%d8%a7%d8%b7%d8%b1-%d8%aa%d9%82%d9%86%d9%8a%d8%a9","status":"publish","type":"post","link":"https:\/\/www.forex-mag.com\/ar\/%d8%a7%d8%ae%d8%a8%d8%a7%d8%b1\/%d9%85%d9%86-%d8%af%d9%88%d9%86-%d8%a7%d9%84%d8%b5%d9%8a%d9%86-%d9%84%d8%a7-%d9%8a%d8%b9%d9%86%d9%8a-%d9%85%d9%86-%d8%af%d9%88%d9%86-%d9%85%d8%ae%d8%a7%d8%b7%d8%b1-%d8%aa%d9%82%d9%86%d9%8a%d8%a9\/","title":{"rendered":"&#8220;\u0645\u0646 \u062f\u0648\u0646 \u0627\u0644\u0635\u064a\u0646&#8221; \u0644\u0627 \u064a\u0639\u0646\u064a &#8220;\u0645\u0646 \u062f\u0648\u0646 \u0645\u062e\u0627\u0637\u0631 \u062a\u0642\u0646\u064a\u0629&#8221;"},"content":{"rendered":"\n<p><a href=\"https:\/\/trader-magazine.com\/author\/editorialteam\/\"><\/a><strong>\u0641\u064a 10 \u0646\u0648\u0641\u0645\u0628\u0631 2026\u060c \u0623\u0639\u0644\u0646\u062a \u0634\u0631\u0643\u0629 \u062a\u0635\u0646\u064a\u0639 \u0627\u0644\u0631\u0642\u0627\u0626\u0642 \u0627\u0644\u062a\u0627\u064a\u0648\u0627\u0646\u064a\u0629 <a href=\"https:\/\/tradeinfo.cz\/clanky\/tsmc-akcie-cipovy-gigant-vydelava-na-umele-inteligenci-co-muze-zastavit-jeho-rust\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u0634\u0631\u0643\u0629 \u062a\u0627\u064a\u0648\u0627\u0646 \u0644\u0635\u0646\u0627\u0639\u0629 \u0623\u0634\u0628\u0627\u0647 \u0627\u0644\u0645\u0648\u0635\u0644\u0627\u062a (TSMC)<\/a> \u0639\u0646 <a href=\"https:\/\/pr.tsmc.com\/english\/news\/3349\" target=\"_blank\" rel=\"noreferrer noopener\">\u0632\u064a\u0627\u062f\u0629 \u0641\u064a \u0625\u064a\u0631\u0627\u062f\u0627\u062a\u0647\u0627 \u0644\u0634\u0647\u0631 \u0623\u0643\u062a\u0648\u0628\u0631 \u0628\u0646\u0633\u0628\u0629 59.7% \u0639\u0644\u0649 \u0623\u0633\u0627\u0633 \u0633\u0646\u0648\u064a<\/a>. \u063a\u064a\u0631 \u0623\u0646 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u062e\u0627\u0631\u062c \u0627\u0644\u0623\u0633\u0647\u0645 \u0627\u0644\u0623\u0645\u0631\u064a\u0643\u064a\u0629 \u0644\u0627 \u064a\u0643\u0641\u064a \u0641\u064a\u0647 \u062a\u062a\u0628\u0639 \u0646\u0645\u0648 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0648\u0628\u0644\u062f \u0645\u0646\u0634\u0626\u0647\u0627. \u0641\u0642\u062f \u0623\u0638\u0647\u0631 \u062a\u062d\u0644\u064a\u0644 <a href=\"https:\/\/www.etfobchodnik.com\/sk\" target=\"_blank\" rel=\"noreferrer noopener\">ETFobchodn\u00edk<\/a> \u0628\u0639\u0646\u0648\u0627\u0646 <a href=\"https:\/\/etfobchodnik.com\/sk\/blog\/bez-ciny-s-technologickym-rizikom\" target=\"_blank\" rel=\"noreferrer noopener\">\u00ab\u0628\u0644\u0627 \u0627\u0644\u0635\u064a\u0646\u060c \u0645\u0639 \u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627\u00bb<\/a> \u0623\u0646 \u0639\u0645\u0644\u0627\u0621 \u0647\u0630\u0647 \u0627\u0644\u0634\u0631\u0643\u0627\u062a\u060c \u0648\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0642\u0627\u0626\u0645 \u0627\u0644\u0630\u064a \u0633\u064a\u062d\u0644 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062c\u062f\u064a\u062f \u0645\u062d\u0644\u0647\u060c \u064a\u0624\u062b\u0631\u0627\u0646 \u0623\u064a\u0636\u0627\u064b \u0641\u064a \u062a\u0646\u0648\u064a\u0639 \u0627\u0644\u0645\u062e\u0627\u0637\u0631.<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-asijska-firma-muze-mit-severoamericky-odbyt\">\u0642\u062f \u062a\u062d\u0642\u0642 \u0634\u0631\u0643\u0629 \u0622\u0633\u064a\u0648\u064a\u0629 \u0645\u0628\u064a\u0639\u0627\u062a \u0641\u064a \u0623\u0645\u0631\u064a\u0643\u0627 \u0627\u0644\u0634\u0645\u0627\u0644\u064a\u0629<\/h2>\n\n\n\n<p>\u0641\u064a \u0627\u0644\u0631\u0628\u0639 \u0627\u0644\u062b\u0627\u0644\u062b \u0645\u0646 \u0639\u0627\u0645 2026\u060c \u062d\u0642\u0642\u062a TSMC&nbsp;<a href=\"https:\/\/investor.tsmc.com\/english\/encrypt\/files\/encrypt_file\/reports\/2026-10\/f83780000ddc0c3b48e57a87eab6814c4ab35058\/3Q26%20ManagementReport.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">79% \u0645\u0646 \u0625\u064a\u0631\u0627\u062f\u0627\u062a\u0647\u0627 \u0645\u0646 \u0639\u0645\u0644\u0627\u0621 \u0645\u0642\u064a\u0645\u064a\u0646 \u0641\u064a \u0623\u0645\u0631\u064a\u0643\u0627 \u0627\u0644\u0634\u0645\u0627\u0644\u064a\u0629<\/a>. \u0623\u0645\u0627 \u0634\u0631\u0643\u0629 \u0625\u0646\u0641\u0648\u0633\u064a\u0633 \u0627\u0644\u0647\u0646\u062f\u064a\u0629 \u0641\u0642\u062f \u0623\u0639\u0644\u0646\u062a&nbsp;<a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1067491\/000106749126000044\/exv99w04.htm\" target=\"_blank\" rel=\"noreferrer noopener\">\u0623\u0646 54.6% \u0645\u0646 \u0625\u064a\u0631\u0627\u062f\u0627\u062a\u0647\u0627 \u062c\u0627\u0621\u062a \u0645\u0646 \u062a\u0644\u0643 \u0627\u0644\u0645\u0646\u0637\u0642\u0629 \u062e\u0644\u0627\u0644 \u0627\u0644\u0641\u062a\u0631\u0629 \u0627\u0644\u062a\u0642\u0648\u064a\u0645\u064a\u0629 \u0646\u0641\u0633\u0647\u0627\u060c \u0628\u064a\u0646\u0645\u0627 \u0644\u0645 \u062a\u0623\u062a\u0650 \u0645\u0646 \u0627\u0644\u0647\u0646\u062f \u0633\u0648\u0649 2.8%<\/a>. \u0648\u0639\u0644\u064a\u0647\u060c \u0641\u0625\u0646 \u062a\u0635\u0646\u064a\u0641 \u0627\u0644\u0634\u0631\u0643\u0629 \u0639\u0644\u0649 \u0623\u0646\u0647\u0627 \u0622\u0633\u064a\u0648\u064a\u0629 \u0644\u0627 \u064a\u0639\u0646\u064a \u0623\u0646 \u0645\u0628\u064a\u0639\u0627\u062a\u0647\u0627 \u062a\u0639\u062a\u0645\u062f \u0623\u0633\u0627\u0633\u0627\u064b \u0639\u0644\u0649 \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0645\u062d\u0644\u064a\u0629. \u0648\u0642\u062f \u064a\u063a\u064a\u0651\u0631 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631 \u0627\u0644\u062a\u0631\u0643\u064a\u0628\u0629 \u0627\u0644\u062c\u063a\u0631\u0627\u0641\u064a\u0629 \u0644\u0645\u062d\u0641\u0638\u062a\u0647\u060c \u0644\u0643\u0646 \u062d\u0635\u0629 \u0643\u0628\u064a\u0631\u0629 \u0645\u0646 \u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u062a\u064a \u0627\u0634\u062a\u0631\u0627\u0647\u0627 \u0633\u062a\u0638\u0644 \u062a\u0623\u062a\u064a \u0645\u0646 \u0639\u0645\u0644\u0627\u0621 \u0641\u064a \u0623\u0645\u0631\u064a\u0643\u0627 \u0627\u0644\u0634\u0645\u0627\u0644\u064a\u0629.<\/p>\n\n\n\n<p>\u0643\u0645\u0627 \u0623\u0646 \u0627\u0633\u062a\u0628\u0639\u0627\u062f \u0627\u0644\u0623\u0633\u0647\u0645 \u0627\u0644\u0635\u064a\u0646\u064a\u0629 \u0644\u0627 \u064a\u0644\u063a\u064a \u0627\u0644\u0631\u0648\u0627\u0628\u0637 \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0629 \u0645\u0639 \u0627\u0644\u0635\u064a\u0646. \u0641\u0641\u064a \u0627\u0644\u0631\u0628\u0639 \u0646\u0641\u0633\u0647\u060c \u062d\u0635\u0644\u062a TSMC \u0639\u0644\u0649 <a href=\"https:\/\/investor.tsmc.com\/english\/encrypt\/files\/encrypt_file\/reports\/2026-10\/f83780000ddc0c3b48e57a87eab6814c4ab35058\/3Q26%20ManagementReport.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">5% \u0645\u0646 \u0625\u064a\u0631\u0627\u062f\u0627\u062a\u0647\u0627<\/a> \u0645\u0646 \u0639\u0645\u0644\u0627\u0621 \u0635\u064a\u0646\u064a\u064a\u0646. \u0648\u0645\u0627 \u062a\u0628\u064a\u0639\u0647 \u0627\u0644\u0634\u0631\u0643\u0629 \u0645\u0647\u0645 \u0623\u064a\u0636\u0627\u064b. \u0641\u0641\u064a TSMC\u060c <a href=\"https:\/\/investor.tsmc.com\/english\/encrypt\/files\/encrypt_file\/reports\/2026-10\/f83780000ddc0c3b48e57a87eab6814c4ab35058\/3Q26%20ManagementReport.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">\u062c\u0627\u0621\u062a 68% \u0645\u0646 \u0627\u0644\u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0645\u0646 \u0627\u0644\u062d\u0648\u0633\u0628\u0629 \u0639\u0627\u0644\u064a\u0629 \u0627\u0644\u0623\u062f\u0627\u0621<\/a>\u060c \u0623\u064a \u0627\u0644\u062d\u0648\u0627\u0633\u064a\u0628 \u0648\u0627\u0644\u062e\u0648\u0627\u062f\u0645 \u0639\u0627\u0644\u064a\u0629 \u0627\u0644\u0642\u062f\u0631\u0629. \u0648\u0647\u0630\u0627 \u0627\u0644\u0645\u062c\u0627\u0644 \u0623\u0648\u0633\u0639 \u0645\u0646 \u0627\u0644\u0630\u0643\u0627\u0621 \u0627\u0644\u0627\u0635\u0637\u0646\u0627\u0639\u064a \u0648\u062d\u062f\u0647\u060c \u0648\u0644\u0630\u0644\u0643 \u0644\u0627 \u064a\u0645\u0643\u0646 \u0645\u0633\u0627\u0648\u0627\u0629 \u0647\u0630\u0647 \u0627\u0644\u0646\u0633\u0628\u0629 \u0628\u0625\u064a\u0631\u0627\u062f\u0627\u062a \u0627\u0644\u0630\u0643\u0627\u0621 \u0627\u0644\u0627\u0635\u0637\u0646\u0627\u0639\u064a.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\">\u0627\u0642\u0631\u0623 \u0627\u0644\u0645\u0632\u064a\u062f: <a href=\"https:\/\/www.forex-mag.com\/ar\/top-ar\/%d8%a3%d9%81%d8%b6%d9%84-10-%d8%a8%d8%b1%d8%a7%d9%85%d8%ac-%d8%aa%d9%84%d9%81%d8%b2%d9%8a%d9%88%d9%86%d9%8a%d8%a9-%d9%85%d8%a7%d9%84%d9%8a%d8%a9\/\" target=\"_blank\" rel=\"noopener\" title=\"\">\u0623\u0641\u0636\u0644 10 \u0628\u0631\u0627\u0645\u062c \u062a\u0644\u0641\u0632\u064a\u0648\u0646\u064a\u0629 \u0639\u0646 \u0627\u0644\u0645\u0627\u0644 \u0648\u0627\u0644\u062a\u0645\u0648\u064a\u0644<\/a><\/h3>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-rust-zisku-nemusi-zvysit-cenu-akcie\">\u0646\u0645\u0648 \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0644\u0627 \u064a\u0631\u0641\u0639 \u0628\u0627\u0644\u0636\u0631\u0648\u0631\u0629 \u0633\u0639\u0631 \u0627\u0644\u0633\u0647\u0645<\/h2>\n\n\n\n<p>\u062a\u0639\u062a\u0645\u062f \u0646\u062a\u064a\u062c\u0629 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0623\u064a\u0636\u0627\u064b \u0639\u0644\u0649 \u0627\u0644\u0633\u0639\u0631 \u0627\u0644\u0630\u064a \u064a\u062f\u0641\u0639\u0647&nbsp;<a href=\"https:\/\/trader-magazine.com\/stock-market\/risk-off-meaning-how-markets-behave-when-investors-seek-safety\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631<\/a>&nbsp;\u0645\u0642\u0627\u0628\u0644 \u0627\u0644\u0634\u0631\u0643\u0629. \u0641\u0646\u0633\u0628\u0629 \u0627\u0644\u0633\u0639\u0631 \u0625\u0644\u0649 \u0627\u0644\u0623\u0631\u0628\u0627\u062d (P\/E) \u062a\u0639\u0628\u0651\u0631 \u0639\u0646 \u062a\u0643\u0644\u0641\u0629 \u0648\u062d\u062f\u0629 \u0648\u0627\u062d\u062f\u0629 \u0645\u0646 \u0627\u0644\u0631\u0628\u062d. \u0648\u0625\u0630\u0627 \u0643\u0627\u0646 \u0627\u0644\u0633\u0639\u0631 \u064a\u0639\u0643\u0633 \u0628\u0627\u0644\u0641\u0639\u0644 \u062a\u0648\u0642\u0639\u0627\u062a \u0645\u0631\u062a\u0641\u0639\u0629\u060c \u0641\u0642\u062f \u062a\u062d\u0642\u0642 \u062d\u062a\u0649 \u0627\u0644\u0634\u0631\u0643\u0629 \u0627\u0644\u0646\u0627\u0645\u064a\u0629 \u0646\u062a\u064a\u062c\u0629 \u0636\u0639\u064a\u0641\u0629 \u0639\u0646\u062f\u0645\u0627 \u064a\u062e\u0641\u0636 \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0645\u0628\u0644\u063a \u0627\u0644\u0630\u064a \u064a\u0631\u063a\u0628 \u0641\u064a \u062f\u0641\u0639\u0647 \u0645\u0642\u0627\u0628\u0644 \u0623\u0631\u0628\u0627\u062d\u0647\u0627.<\/p>\n\n\n\n<p>\u0641\u0645\u0639 \u0646\u0645\u0648 \u0627\u0641\u062a\u0631\u0627\u0636\u064a \u0628\u0646\u0633\u0628\u0629 10% \u0641\u064a \u0631\u0628\u062d\u064a\u0629 \u0627\u0644\u0633\u0647\u0645 \u0648\u0627\u0646\u062e\u0641\u0627\u0636 \u0645\u062a\u0632\u0627\u0645\u0646 \u0628\u0646\u0633\u0628\u0629 15% \u0641\u064a \u0646\u0633\u0628\u0629 P\/E\u060c \u064a\u0646\u062e\u0641\u0636 \u0633\u0639\u0631 \u0627\u0644\u0633\u0647\u0645 \u0628\u0646\u0633\u0628\u0629 6.5%. \u0648\u0641\u064a \u0647\u0630\u0647 \u0627\u0644\u062d\u0627\u0644\u0629\u060c \u0644\u0627 \u064a\u0639\u0648\u0651\u0636 \u0627\u0631\u062a\u0641\u0627\u0639 \u0627\u0644\u0631\u0628\u062d \u0627\u0646\u062e\u0641\u0627\u0636 \u0627\u0644\u062a\u0642\u064a\u064a\u0645. \u0648\u0647\u0630\u0627 \u062d\u0633\u0627\u0628 \u0646\u0645\u0648\u0630\u062c\u064a \u0642\u0628\u0644 \u0627\u062d\u062a\u0633\u0627\u0628 \u062a\u0648\u0632\u064a\u0639\u0627\u062a \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0648\u062a\u0623\u062b\u064a\u0631\u0627\u062a \u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0648\u0627\u0644\u062a\u0643\u0627\u0644\u064a\u0641\u060c \u0648\u0644\u064a\u0633 \u0623\u062f\u0627\u0621\u064b \u062a\u0627\u0631\u064a\u062e\u064a\u0627\u064b \u0648\u0644\u0627 \u062a\u0648\u0642\u0639\u0627\u064b. \u0644\u0630\u0627 \u064a\u0646\u0628\u063a\u064a \u0645\u0642\u0627\u0631\u0646\u0629 \u0646\u0645\u0648 \u0627\u0644\u0623\u0639\u0645\u0627\u0644 \u0628\u0627\u0644\u062a\u0648\u0642\u0639\u0627\u062a \u0627\u0644\u0645\u062f\u0645\u062c\u0629 \u0623\u0635\u0644\u0627\u064b \u0641\u064a \u0633\u0639\u0631 \u0627\u0644\u0634\u0631\u0627\u0621.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\">\u0627\u0642\u0631\u0623 \u0627\u0644\u0645\u0632\u064a\u062f: <a href=\"https:\/\/www.forex-mag.com\/ar\/%d8%aa%d9%82%d9%8a%d9%8a%d9%85%d8%a7%d8%aa\/%d9%85%d8%b1%d8%a7%d8%ac%d8%b9%d8%a9-%d9%85%d9%88%d9%82%d8%b9-%d8%a7%d9%84%d8%aa%d8%af%d8%a7%d9%88%d9%84-etoro\/\" target=\"_blank\" rel=\"noopener\" title=\"\">eToro \u2013 \u0645\u0631\u0627\u062c\u0639\u0629<\/a><\/h3>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-zalezi-i-na-tom-co-novy-fond-nahradi\">\u0645\u0627 \u064a\u062d\u0644 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062c\u062f\u064a\u062f \u0645\u062d\u0644\u0647 \u0645\u0647\u0645 \u0623\u064a\u0636\u0627\u064b<\/h2>\n\n\n\n<p>\u0644\u0646\u0641\u062a\u0631\u0636 \u0645\u062d\u0641\u0638\u0629 \u0642\u064a\u0645\u062a\u0647\u0627 10,000 \u064a\u0648\u0631\u0648\u060c \u062a\u0634\u0643\u0644 \u0623\u0633\u0647\u0645 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627 \u0645\u0646\u0647\u0627 3,000 \u064a\u0648\u0631\u0648\u060c \u0623\u064a 30%. \u064a\u0646\u0642\u0644 \u0627\u0644\u0645\u0633\u062a\u062b\u0645\u0631 1,000 \u064a\u0648\u0631\u0648 \u0625\u0644\u0649 \u0633\u0644\u0629 \u062c\u062f\u064a\u062f\u0629 \u0645\u0646 \u0627\u0644\u0623\u0633\u0647\u0645 \u062a\u0628\u0644\u063a \u062d\u0635\u0629 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627 \u0641\u064a\u0647\u0627 \u0627\u0644\u0646\u0635\u0641. \u0648\u0628\u0630\u0644\u0643 \u064a\u0636\u064a\u0641 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u062c\u062f\u064a\u062f 500 \u064a\u0648\u0631\u0648 \u0645\u0646 \u0623\u0633\u0647\u0645 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627. \u0648\u0647\u0630\u0627 \u0627\u0644\u0645\u062b\u0627\u0644 \u0627\u0644\u062a\u0648\u0636\u064a\u062d\u064a \u0644\u0627 \u064a\u0645\u062b\u0644 \u0627\u0644\u062a\u0631\u0643\u064a\u0628\u0629 \u0627\u0644\u062d\u0627\u0644\u064a\u0629 \u0644\u0635\u0646\u062f\u0648\u0642 EMXU \u0648\u0644\u0627 \u062d\u062c\u0645 \u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0645\u0648\u0635\u0649 \u0628\u0647. \u0648\u062a\u0628\u0642\u0649 \u0627\u0644\u0642\u064a\u0645\u0629 \u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a\u0629 \u0644\u0644\u0645\u062d\u0641\u0638\u0629 \u062f\u0648\u0646 \u062a\u063a\u064a\u064a\u0631\u060c \u0643\u0645\u0627 \u0644\u0627 \u064a\u0623\u062e\u0630 \u0627\u0644\u0646\u0645\u0648\u0630\u062c \u0641\u064a \u0627\u0644\u062d\u0633\u0628\u0627\u0646 \u062a\u062d\u0631\u0643\u0627\u062a \u0627\u0644\u0623\u0633\u0639\u0627\u0631 \u0623\u0648 \u0627\u0644\u062a\u0643\u0627\u0644\u064a\u0641.<\/p>\n\n\n\n<p>\u0625\u0630\u0627 \u062c\u0631\u0649 \u062a\u0645\u0648\u064a\u0644 \u0639\u0645\u0644\u064a\u0629 \u0627\u0644\u0634\u0631\u0627\u0621 \u0628\u0628\u064a\u0639 \u0623\u0633\u0647\u0645 \u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627 \u0628\u062d\u062a\u0629\u060c \u062a\u0646\u062e\u0641\u0636 \u062d\u0635\u0629 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627 \u0625\u0644\u0649 25%. \u0648\u0625\u0630\u0627 \u062e\u064f\u0641\u0651\u0636\u062a \u062c\u0645\u064a\u0639 \u0645\u0643\u0648\u0646\u0627\u062a \u0627\u0644\u0645\u062d\u0641\u0638\u0629 \u0627\u0644\u0623\u0635\u0644\u064a\u0629 \u0628\u0627\u0644\u062a\u0646\u0627\u0633\u0628\u060c \u062a\u0635\u0644 \u0625\u0644\u0649 32%\u060c \u0648\u0625\u0630\u0627 \u0627\u0633\u062a\u064f\u062e\u062f\u0645 \u0646\u0642\u062f \u0645\u0648\u062c\u0648\u062f\u060c \u0641\u0625\u0644\u0649 35%. \u0648\u0647\u0643\u0630\u0627 \u064a\u0645\u0643\u0646 \u0644\u0639\u0645\u0644\u064a\u0629 \u0627\u0644\u0634\u0631\u0627\u0621 \u0646\u0641\u0633\u0647\u0627 \u0623\u0646 \u062a\u062e\u0641\u0636 \u062a\u0631\u0643\u0651\u0632 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627 \u0623\u0648 \u062a\u0631\u0641\u0639\u0647\u060c \u0628\u062d\u0633\u0628 \u0645\u0627 \u062a\u062d\u0644 \u0645\u062d\u0644\u0647. \u0648\u064a\u0642\u064a\u0633 \u0647\u0630\u0627 \u0627\u0644\u062d\u0633\u0627\u0628 \u062d\u0635\u0629 \u0642\u0637\u0627\u0639 \u0648\u0627\u062d\u062f\u060c \u0641\u064a \u062d\u064a\u0646 \u062a\u062a\u0623\u062b\u0631 \u0627\u0644\u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0625\u062c\u0645\u0627\u0644\u064a\u0629 \u0623\u064a\u0636\u0627\u064b \u0628\u0627\u0644\u0639\u0645\u0644\u0627\u062a \u0648\u0627\u0644\u062f\u0648\u0644 \u0648\u0628\u0643\u064a\u0641\u064a\u0629 \u062a\u062d\u0631\u0643 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0628\u0627\u0644\u0646\u0633\u0628\u0629 \u0625\u0644\u0649 \u0628\u0639\u0636\u0647\u0627.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"aioseo-eurova-kotace-sama-neodstranuje-menove-riziko\">\u0627\u0644\u0625\u062f\u0631\u0627\u062c \u0628\u0627\u0644\u064a\u0648\u0631\u0648 \u0648\u062d\u062f\u0647 \u0644\u0627 \u064a\u0632\u064a\u0644 \u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u0639\u0645\u0644\u0629<\/h2>\n\n\n\n<p>\u064a\u0639\u062a\u0645\u062f \u0627\u0644\u062a\u062d\u0644\u064a\u0644 \u0639\u0644\u0649 \u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u0645\u0624\u0634\u0631\u0627\u062a \u0627\u0644\u0645\u062a\u062f\u0627\u0648\u0644\u0629 (ETF) \u0627\u0644\u062a\u0627\u0628\u0639 \u0644\u0640 Amundi \u0628\u0631\u0645\u0632 EMXU\u060c \u0627\u0644\u0630\u064a \u064a\u0633\u062a\u062b\u0645\u0631 \u0641\u064a \u0623\u0633\u0647\u0645 \u0627\u0644\u0623\u0633\u0648\u0627\u0642 \u0627\u0644\u0646\u0627\u0634\u0626\u0629 \u0628\u0627\u0633\u062a\u062b\u0646\u0627\u0621 \u0627\u0644\u0635\u064a\u0646. \u0648\u064a\u062a\u062a\u0628\u0639 \u0645\u0624\u0634\u0631\u0627\u064b \u064a\u0623\u062e\u0630 \u0641\u064a \u0627\u0644\u0627\u0639\u062a\u0628\u0627\u0631 \u0639\u0646\u062f \u0627\u062e\u062a\u064a\u0627\u0631 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0623\u064a\u0636\u0627\u064b&nbsp;<a href=\"https:\/\/www.amundietf.lu\/pdfDocuments\/monthly-factsheet\/LU2345046655\/ENG\/LUX\/INSTITUTIONNEL\/ETF\" target=\"_blank\" rel=\"noreferrer noopener\">\u0627\u0644\u0645\u0639\u0627\u064a\u064a\u0631 \u0627\u0644\u0628\u064a\u0626\u064a\u0629 \u0648\u0627\u0644\u0627\u062c\u062a\u0645\u0627\u0639\u064a\u0629 \u0648\u062c\u0648\u062f\u0629 \u0627\u0644\u062d\u0648\u0643\u0645\u0629<\/a>.&nbsp;<a href=\"https:\/\/www.etfobchodnik.com\/sk\/instruments\/etf\" target=\"_blank\" rel=\"noreferrer noopener\">\u062a\u0639\u0631\u0636\u0647 ETFobchodn\u00edk \u062a\u062d\u062a \u0627\u0644\u0631\u0645\u0632\u064a\u0646 EMXU.XETRA \u0648EMXU.LSE<\/a>. \u064a\u064f\u062a\u062f\u0627\u0648\u0644 \u0627\u0644\u0623\u0648\u0644 \u0641\u064a \u0628\u0648\u0631\u0635\u0629 Xetra \u0628\u0627\u0644\u064a\u0648\u0631\u0648 (EUR)\u060c \u0648\u0627\u0644\u062b\u0627\u0646\u064a \u0641\u064a \u0628\u0648\u0631\u0635\u0629 \u0644\u0646\u062f\u0646 \u0628\u0627\u0644\u062f\u0648\u0644\u0627\u0631 \u0627\u0644\u0623\u0645\u0631\u064a\u0643\u064a (USD).&nbsp;<a href=\"https:\/\/www.amundietf.lu\/pdfDocuments\/monthly-factsheet\/LU2345046655\/ENG\/LUX\/INSTITUTIONNEL\/ETF\" target=\"_blank\" rel=\"noreferrer noopener\">\u0648\u0647\u0645\u0627 \u0645\u0646 \u0641\u0626\u0629 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0646\u0641\u0633\u0647\u0627<\/a>. \u0625\u0646 \u0627\u0644\u0634\u0631\u0627\u0621 \u0628\u0627\u0644\u064a\u0648\u0631\u0648 \u0648\u062d\u062f\u0647&nbsp;<\/p>\n\n\n\n<p>\u064a\u0646\u0628\u063a\u064a \u0644\u0644\u0645\u0633\u062a\u062b\u0645\u0631 \u0623\u0646 \u064a\u0642\u0631\u0631 \u0623\u0648\u0644\u0627\u064b \u0623\u064a \u0627\u0639\u062a\u0645\u0627\u062f \u064a\u0631\u064a\u062f \u062a\u0642\u0644\u064a\u0644\u0647\u060c \u0648\u0623\u0646 \u064a\u0642\u0627\u0631\u0646 \u0627\u0644\u062a\u0631\u0643\u064a\u0628\u0629 \u0627\u0644\u062d\u0627\u0644\u064a\u0629 \u0644\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062c\u062f\u064a\u062f \u0628\u0645\u0627 \u064a\u0645\u0644\u0643\u0647 \u0628\u0627\u0644\u0641\u0639\u0644. \u062b\u0645 \u064a\u0635\u0628\u062d \u0645\u0646 \u0627\u0644\u0645\u0646\u0637\u0642\u064a \u062a\u0642\u064a\u064a\u0645 \u0633\u0639\u0631 \u0627\u0644\u0634\u0631\u0627\u0621 \u0648\u0627\u0644\u062a\u0643\u0627\u0644\u064a\u0641 \u0648\u0627\u0644\u0645\u062f\u0629 \u0627\u0644\u062a\u064a \u064a\u0645\u0643\u0646 \u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0645\u0627\u0644 \u062e\u0644\u0627\u0644\u0647\u0627. \u0648\u064a\u062a\u0646\u0627\u0648\u0644 \u062a\u062d\u0644\u064a\u0644 <a href=\"https:\/\/www.etfobchodnik.com\/sk\" target=\"_blank\" rel=\"noreferrer noopener\">ETFobchodn\u00edk<\/a> \u00ab<a href=\"https:\/\/etfobchodnik.com\/sk\/blog\/bez-ciny-s-technologickym-rizikom\" target=\"_blank\" rel=\"noreferrer noopener\">\u0628\u0644\u0627 \u0627\u0644\u0635\u064a\u0646\u060c \u0645\u0639 \u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627<\/a>\u00bb \u0647\u0630\u0647 \u0627\u0644\u0631\u0648\u0627\u0628\u0637 \u0628\u0645\u0632\u064a\u062f \u0645\u0646 \u0627\u0644\u062a\u0641\u0635\u064a\u0644. \u0648\u0646\u0642\u0637\u0629 \u0627\u0644\u0627\u0646\u0637\u0644\u0627\u0642 \u0627\u0644\u0639\u0645\u0644\u064a\u0629 \u0641\u064a\u0647 \u0647\u064a \u062a\u0642\u064a\u064a\u0645 \u0627\u0644\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u062c\u062f\u064a\u062f \u0645\u0639 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0630\u064a \u0633\u064a\u062d\u0644 \u0645\u062d\u0644\u0647\u060c \u0648\u0625\u0639\u0627\u062f\u0629 \u062d\u0633\u0627\u0628 \u0623\u062b\u0631\u0647 \u0639\u0644\u0649 \u0627\u0644\u0645\u062d\u0641\u0638\u0629 \u0628\u0623\u0643\u0645\u0644\u0647\u0627.<\/p>\n\n\n\n<h3 class=\"wp-block-heading has-text-align-center\" id=\"aioseo-dont-miss-bitmarkets-com-review-safe-and-secure-trading\">\u0644\u0627 \u062a\u0641\u0648\u0651\u062a: <a href=\"https:\/\/www.forex-mag.com\/ar\/reviews\/%d9%85%d8%b1%d8%a7%d8%ac%d8%b9%d8%a9-bitmarkets-com-%d8%aa%d8%af%d8%a7%d9%88%d9%84-%d8%a2%d9%85%d9%86-%d9%88%d9%85%d8%b6%d9%85%d9%88%d9%86\/\" target=\"_blank\" rel=\"noopener\" title=\"\u0645\u0631\u0627\u062c\u0639\u0629 BITmarkets.com \u2013 \u062a\u062f\u0627\u0648\u0644 \u0622\u0645\u0646 \u0648\u0645\u0648\u062b\u0648\u0642\">\u0645\u0631\u0627\u062c\u0639\u0629 BITmarkets.com \u2013 \u062a\u062f\u0627\u0648\u0644 \u0622\u0645\u0646 \u0648\u0645\u0648\u062b\u0648\u0642<\/a><\/h3>\n\n\n\n<p>\u064a\u0627\u0643\u0648\u0628 \u0645\u0627\u062a\u064a\u0633\u060c \u0645\u062d\u0644\u0644 \u0641\u064a&nbsp;<a href=\"https:\/\/etfobchodnik.com\/cs\/blog\" target=\"_blank\" rel=\"noreferrer noopener\">ETFobchodnik.com<\/a><\/p>\n\n\n\n<p>*<em>\u062a\u0639\u0627\u0648\u0646 \u0645\u062f\u0641\u0648\u0639<\/em><\/p>\n\n\n\n<p>\u0645\u0635\u062f\u0631 \u0627\u0644\u0635\u0648\u0631\u0629: Unsplash<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0641\u064a 10 \u0646\u0648\u0641\u0645\u0628\u0631 2026\u060c \u0623\u0639\u0644\u0646\u062a \u0634\u0631\u0643\u0629 \u062a\u0635\u0646\u064a\u0639 \u0627\u0644\u0631\u0642\u0627\u0626\u0642 \u0627\u0644\u062a\u0627\u064a\u0648\u0627\u0646\u064a\u0629 \u0634\u0631\u0643\u0629 \u062a\u0627\u064a\u0648\u0627\u0646 \u0644\u0635\u0646\u0627\u0639\u0629 \u0623\u0634\u0628\u0627\u0647 \u0627\u0644\u0645\u0648\u0635\u0644\u0627\u062a (TSMC) \u0639\u0646 \u0632\u064a\u0627\u062f\u0629 \u0641\u064a \u0625\u064a\u0631\u0627\u062f\u0627\u062a\u0647\u0627 \u0644\u0634\u0647\u0631 \u0623\u0643\u062a\u0648\u0628\u0631 \u0628\u0646\u0633\u0628\u0629 59.7% \u0639\u0644\u0649 \u0623\u0633\u0627\u0633 \u0633\u0646\u0648\u064a. \u063a\u064a\u0631 \u0623\u0646 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u062e\u0627\u0631\u062c \u0627\u0644\u0623\u0633\u0647\u0645 \u0627\u0644\u0623\u0645\u0631\u064a\u0643\u064a\u0629 \u0644\u0627 \u064a\u0643\u0641\u064a \u0641\u064a\u0647 \u062a\u062a\u0628\u0639 \u0646\u0645\u0648 \u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0648\u0628\u0644\u062f \u0645\u0646\u0634\u0626\u0647\u0627. \u0641\u0642\u062f \u0623\u0638\u0647\u0631 \u062a\u062d\u0644\u064a\u0644 ETFobchodn\u00edk \u0628\u0639\u0646\u0648\u0627\u0646 \u00ab\u0628\u0644\u0627 \u0627\u0644\u0635\u064a\u0646\u060c \u0645\u0639 \u0645\u062e\u0627\u0637\u0631 \u0627\u0644\u062a\u0643\u0646\u0648\u0644\u0648\u062c\u064a\u0627\u00bb \u0623\u0646 \u0639\u0645\u0644\u0627\u0621 \u0647\u0630\u0647 \u0627\u0644\u0634\u0631\u0643\u0627\u062a\u060c \u0648\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":46472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"yasr_overall_rating":0,"yasr_post_is_review":"","yasr_auto_insert_disabled":"","yasr_review_type":"","footnotes":""},"categories":[190],"tags":[5091,543,5110],"class_list":["post-46480","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-190","tag-5091","tag-543","tag--ar"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 5.0.5 - aioseo.com -->\n\t<meta name=\"description\" content=\"\u0635\u0646\u062f\u0648\u0642 \u0627\u0644\u0645\u0624\u0634\u0631\u0627\u062a \u0627\u0644\u0645\u062a\u062f\u0627\u0648\u0644\u0629 (ETF) \u0627\u0644\u0645\u0633\u062a\u062b\u0646\u064a\u0629 \u0644\u0644\u0635\u064a\u0646. \u0627\u0631\u062a\u0641\u0639\u062a \u0625\u064a\u0631\u0627\u062f\u0627\u062a TSMC \u0641\u064a \u0623\u0643\u062a\u0648\u0628\u0631 2026 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