EIDO - iShares MSCI Indonesia ETF

NYSEArca - NYSEArca Delayed Price. Currency in USD
23.66
-0.73 (-2.99%)
At close: 4:00PM EDT
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Previous Close24.39
Open23.81
Bid0.00 x 4000
Ask0.00 x 800
Day's Range23.56 - 23.85
52 Week Range23.56 - 30.61
Volume1,304,015
Avg. Volume1,099,079
Net Assets502.4M
NAV25.63
PE Ratio (TTM)N/A
Yield1.40%
YTD Return-10.80%
Beta (3y)0.97
Expense Ratio (net)0.62%
Inception Date2010-05-05
Trade prices are not sourced from all markets
  • Freeport-McMoRan and Indonesia: The Tussle Gets Muddier
    Market Realist5 days ago

    Freeport-McMoRan and Indonesia: The Tussle Gets Muddier

    Freeport-McMoRan (FCX) operates the giant Grasberg mine in Indonesia (EIDO). Rio Tinto (RIO) is Freeport’s partner at the mine. Notably, Grasberg is the second largest copper mine globally after BHP Billiton (BHP) owned Escondida.

  • ETF Trends13 days ago

    Foreign Investors Are to Blame for Indonesia ETFs’ Sudden Fall

    Indonesia's markets and country-specific ETFs have been among the worst performers in the emerging markets category as foreign investors pull capital out of the country. The Indonesian equity market has slipped more than 8% in two weeks while the rupiah currency depreciated 1.4% since mid-April as global investors yanked funds from emerging markets, the Wall Street Journal reports. “Foreign ownership in government bonds is positive because it shows foreigners’ confidence on our economic fundamentals,” Luky Alfirman, director-general of financing and risk management at Indonesia’s Finance Ministry, told the WSJ.

  • Freeport-McMoRan: Analyzing the Grasberg Concerns
    Market Realist16 days ago

    Freeport-McMoRan: Analyzing the Grasberg Concerns

    Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia. The Grasberg mine is the world’s second-largest mine after BHP Billiton’s (BHP) Escondida mine. Rio Tinto (RIO) (TRQ) is Freeport’s partner at the Grasberg mine. Despite Freeport-McMoRan agreeing to two of the key demands made by the Indonesian government, its problems are far from over.

  • Could Markets Have Pre-Empted Freeport’s Massive Slide?
    Market Realist25 days ago

    Could Markets Have Pre-Empted Freeport’s Massive Slide?

    In the previous article, we looked at various factors that may have triggered the massive sell-off in Freeport-McMoRan (FCX) stock yesterday. Southern Copper (SCCO), another pure-play copper miner, also fell on April 24. Along with the abovementioned factors, issues in Indonesia may have made investors wary of Freeport.

  • Freeport-McMoRan’s 1Q18 Earnings: Reading between the Lines
    Market Realist26 days ago

    Freeport-McMoRan’s 1Q18 Earnings: Reading between the Lines

    Freeport-McMoRan (FCX) released its 1Q18 earnings today and reported revenues of $4.8 billion. Freeport’s 1Q18 adjusted EPS (earnings per share) from continuing operations were $0.46, versus $0.13 in the corresponding quarter last year. Despite the sharp yearly increase, Freeport’s 1Q18 earnings fell short of expectations.

  • Uncertainties Surround Freeport’s Indonesia Operations
    Market Realistlast month

    Uncertainties Surround Freeport’s Indonesia Operations

    Freeport-McMoRan (FCX) operates the Grasberg mine in Indonesia (EIDO) with Rio Tinto (RIO) (TRQ) as a minority partner. While the mine is a crown jewel in Freeport’s portfolio due to its vast size and attractive unit cash costs, its operations have been surrounded by uncertainties. Let’s discuss these uncertainties in perspective.

  • What Makes Grasberg the Crown Jewel of Freeport’s Portfolio
    Market Realist3 months ago

    What Makes Grasberg the Crown Jewel of Freeport’s Portfolio

    As we noted in the previous part of this series, Freeport-McMoRan (FCX) expects its unit cash costs to fall in 2018, largely due to lower production costs at its Grasberg mine (RIO)(TRQ). Freeport expects a byproduct credit of $2.56 per pound at its Grasberg mine this year, bringing down the mine’s unit cash costs after byproduct credits to -$0.57 per pound. To put this figure in context, consider that the company’s unit cash costs after byproduct credits are expected to average $1.67 per pound in North America and $1.63 per pound in South America.

  • After Dividend Reinstatement, What’s Freeport’s Next Priority?
    Market Realist3 months ago

    After Dividend Reinstatement, What’s Freeport’s Next Priority?

    As we noted previously, Freeport-McMoRan (FCX) has reinstated its dividend, which was suspended in 2015. In this article, we’ll see what could be Freeport’s management’s next priority after dividend reinstatement. During the 4Q17 earnings call, Richard Adkerson, Freeport’s CEO, said that that he has two personal milestones: “One is when Freeport starts paying dividends again and two is when I can take a group of analysts and shareholders back out to Grasberg to see the place.” While dividend reinstatement was more of a policy decision, Grasberg represents a more complex problem for Freeport.

  • Emerging Market ETFs in Focus on High Outflows
    Zacks3 months ago

    Emerging Market ETFs in Focus on High Outflows

    Emerging Markets experience high outflows as global reversal takes a toll on investors' risk appetite.

  • What’s the Best Outcome for Freeport in Indonesia?
    Market Realist4 months ago

    What’s the Best Outcome for Freeport in Indonesia?

    Freeport-McMoRan (FCX) operates the giant Grasberg mine in Indonesia. Rio Tinto (RIO) (TRQ) is Freeport’s minority partner in the mine (GLEN-L). The operations have been surrounded by controversies in the last few years.

  • How Impressive Is Freeport-McMoRan’s 4Q17 Performance?
    Market Realist4 months ago

    How Impressive Is Freeport-McMoRan’s 4Q17 Performance?

    Freeport-McMoRan’s 4Q17 Earnings: What You Need to Know

  • ETF Trends4 months ago

    5 Country ETFs Primed to Stand Out in 2018

    This article was originally published on ETF Trends.com. More people are looking into international markets to enhance or diversify their portfolios, but not all economies are the same. Investors, though, ...

  • How the Grasberg Divestment Could Impact Freeport-McMoRan
    Market Realist4 months ago

    How the Grasberg Divestment Could Impact Freeport-McMoRan

    Freeport-McMoRan’s 2018 Outlook: Can It Continue Its Dream Run? In August 2017, Freeport-McMoRan (FCX) announced a framework with the Indonesian government (EIDO). Under the terms of that framework, Freeport agreed to construct a smelter in Indonesia within five years.

  • Market Realist5 months ago

    Why Asian Markets Grabbed Investors’ Attention in 2017

    Stock markets around the world rallied in 2017. Asian equities, in particular, grabbed investors' attention in 2017, as they have been outperforming other markets.

  • Indonesia Equity ETF (EIDO) Hits a New 52-Week High
    Zacks5 months ago

    Indonesia Equity ETF (EIDO) Hits a New 52-Week High

    Indonesia ETF hits a new 52-week high on rating upgrade.

  • Indonesia's GDP Growth Misses Expectations: ETFs in Focus
    Zacks6 months ago

    Indonesia's GDP Growth Misses Expectations: ETFs in Focus

    Indonesia's Q3 GDP growth falls short of expectations as spending remains subdued.

  • Investopedia7 months ago

    3 Charts Suggest It's Time to Invest in Tiger Cub Economies

    Based on these charts, it appears as though the five nations are poised for a significant move higher.

  • Indonesia's Inflation at Six-Month Low: ETFs in Focus
    Zacks7 months ago

    Indonesia's Inflation at Six-Month Low: ETFs in Focus

    Indonesia's inflation eases while markets scale record highs.

  • Forbes8 months ago

    South China Sea: Can America And China Share Leadership?

    Washington and Beijing have different perceptions of what the South China Sea is. Washington and its allies think of the body of water as an open sea. Beijing thinks that it is its own sea. All of it.

  • Forbes8 months ago

    To Stop Kim Jong-Un, China Needs A Big Prize: The South China Sea

    Kim Jong-un has emerged as China’s decoy in South China Sea disputes.

  • Forbes9 months ago

    Indonesia And America Draw New 'Red Lines' In South China Sea

    Indonesia decided to rename its maritime region in the southwest part of the South China Sea as the “North Natuna Sea," asserting its own sovereignty in the area. America stepped up patrols in disputed South China Sea waters, asserting its willingness to keep the waterway an open sea.

  • Market Realist9 months ago

    Reading Freeport’s Indonesia Timeline

    Freeport-McMoRan (FCX) discovered the Grasberg mine in 1988. In 2014, Indonesia banned the export of unprocessed ores from the country.

  • Market Realist9 months ago

    Why Freeport Investors Will Likely Postpone the Celebration

    Despite Freeport’s announcement of a resolution to its long-term Grasberg dispute with the Indonesian government, its stock fell on August 29.

  • Market Realist9 months ago

    Why Markets Are Concerned about Freeport-McMoRan

    Markets are apprehensive about Freeport’s Indonesia operations. Freeport is exporting copper concentrate from Indonesia under a short-term export permit.

  • Indonesia Unexpectedly Cuts Interest Rate: ETFs in Focus
    Zacks9 months ago

    Indonesia Unexpectedly Cuts Interest Rate: ETFs in Focus

    Indonesia's central bank cuts key rate in order to spur growth.