Emerging markets rally on Fed decision
As expected, emerging market stocks post big gains on the
back of the Fed's decision to keep the size of its asset purchase program
unchanged for the time being.
Indonesian shares rose as much as 7.4% in early action
before retreating a bit to trade around 4% higher. Stocks likewise rallied
sharply in India
(+3%), Thailand
(+3%), the Philippines
(+2.8%), Malaysia
(+1%), and Turkey
(+6.2%).
Emerging market ETFs: AGEM, EEM, ADRE, SCHE, GMM, VWO, DEM,
EWEM, PXH, PIE, EWX, DGS, EMLB, EDC, EET, EMSA, EDZ, EEV, EUM, TLTE, HILO,
EELV, EEMA, EMFT, DVYE, FEMS, EVAL, EGRW, EMCR, IEMG, EMDR, EEME.
Indonesia:
EIDO, IDX, IDXJ.
India:
INDY, EPI, PIN, INP, INDA, INXX, SCIF, SCIN,
INDL, SMIN.
Turkey:
TUR.
The Philippines:
EPHE.
Thailand:
THD, TTF, TF
Malaysia:
EWM
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