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ETF Wrap: Latin America, India, Greece up, Russia and Indonesia down

Stockhouse Editorial
0 Comments| March 20, 2014

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The ETF world today saw regionally focused indexes making interesting moves, with the iShares S&P Latin America 40 Index (NYSE:ILF) finishing the day up 2.36%, topping the top 5 gainers with a rare upward charge.

The iShares MSCI Brazil Index (NYSE:EWZ) also ran hot through the day, closing at 2.34% up, and the SPDR S&P Regional Banking ETF (NYSE:KRE) and PowerShares India Portfolio (NYSE:PIN) followed suit, closing 2.04% and 1.94% up respectively.

The Global X FTSE Greece 20 ETF (NYSE:GREK) nudged upward (1.88%), continuing a long upward move for that index since July of last year.

At the other end of things, the iPath DJ-UBS Coffee TR Sub-Index (NYSE:JO) hit the floor with a 6.43% drop, a not-so-rare occurence over the last month.

Regional indexes followed that action with the Market Vectors Russia ETF (NYSE:RSX) and Market Vectors Indonesia ETF (NYSE:IDX) shedding 2.6% and 2.48% respectively. iShares‘ MCSI Indonesia Investible Market Index (NYSE:EIDO) also took a beating, dropping 2.2%, and China, Japan and Taiwan-based ETFs also dropped on the day.

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