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iShares MSCI Japan Message Board

  • mmmparsley mmmparsley Dec 15, 2008 9:50 AM Flag

    Investor confused. Seeking Clarity.

    Can anybody visiting this board explain why when the Japanese marketrs were down 5% on Friday, EWJ opened up?

    Today, the markets opened up 5% and we opened even?

    I'm really confused.

    Of course the dollar/yen has something to with the difference, but today, the dollar yen is virtually unchanged while the Yen was up only 2% on Friday while it lost 5%.

 
EWJ
12.93+0.10(+0.78%)Jul 31 4:00 PMEDT