Indonesia ETFs Are Vulnerable as EM Risk Sentiment Escalates
This article was originally published on ETFTrends.com.
Indonesia country-specific ETFs plunged Wednesday on an intensifying rout in the emerging markets, with Indonesia’s equity market experiencing its worst sell-off in almost two years, forcing authorities to step in to support its local currency and debt markets. On Wednesday, the iShares MSCI Indonesia ETF (NYSEArca: EIDO) declined 4.7% and VanEck Vectors Indonesia Index ETF [...]