Bargain Hunters Jump on Oversold Brazil ETFs

Markets ETF Trends

Brazilian markets and country-specific exchange traded funds surged as traders looked to Thursday’s precipitous sell-off as a buying opportunity. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) declined jumped 5.9% Friday on close to double its average daily volume after plummeting over 16% in the previous session. Traders who were betting on a quick turnaround…Click to read more at ETFtrends.com.

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