Indonesia ETFs Rally as Foreign Investors Take a Second Look
This article was originally published on ETFTrends.com.
Indonesia country-specific exchange traded funds, like the broader emerging markets, have been weakening in recent weeks, but Indonesia’s markets climbed Thursday as foreign investors return to this developing economy. On Thursday, the iShares MSCI Indonesia ETF (NYSEArca: EIDO) gained 3.1% and Market Vectors Indonesia Index ETF (NYSEArca: IDX) increased 2.8%. Year-to-date, EIDO declined 15.1% and [...]