|Bid||0.00 x 1000|
|Ask||0.00 x 1100|
|Day's Range||21.03 - 21.19|
|52 Week Range||19.65 - 23.89|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-6.31%|
|Beta (5Y Monthly)||0.83|
|Expense Ratio (net)||0.57%|
With many market observers forecasting this to be the year that emerging markets equities finally outpace their U.S. counterparts, investors may want to consider some tactical plays in addition to broader, core developing markets funds. Indonesia and the VanEck Vectors Indonesia Index ETF (IDX) are destinations to consider. IDX, the original Indonesia ETF, follows the MVIS Indonesia Index, “which includes securities of companies that are incorporated in Indonesia or that are incorporated outside of Indonesia but have at least 50% of their revenues/related assets in Indonesia,” according to VanEck.
Stocks in Indonesia, Southeast Asia's largest economy, are lagging the broader emerging markets complex this year. The VanEck Vectors Indonesia Index ETF (IDX) is up just over 2% while the MSCI Emerging Markets Index is up 9.14%. Indonesia is a major exporter of commodities, including palm oil and coal.
Two neighboring emerging market stock exchanges have outperformed in late 2018. Explore several trading ideas using country-focused ETFs.
Indonesia country-specific exchange traded funds stood out Thursday, strengthening on hopes of stability following a round of post-election riots that seem to be dying down. Among the best performing non-leveraged ...
Indonesia country-specific exchange traded funds were among the worst performers Wednesday after the Southeast Asian economy recorded its biggest ever monthly trade deficit in April, revealing its ongoing struggles in a global environment gripped by trade concerns. Weighing on Indonesia's equity markets, Statistics Indonesia revealed the value of goods shipped from the country to the rest of the world plunged by 13.1% year-over-year in April, compared to economists' expectations of a 7.2% fall, the Financial Times reports. The resulting disparity between imports and exports pushed Southeast Asia's biggest economy's monthly trade deficit to $2.5 billion, Indonesia's biggest shortfall since it started recording data since 1950.
The VanEck Vectors Indonesia Index ETF (IDX) , the first US-listed exchange traded fund (ETF) dedicated to Indonesian stocks, is up 9.10% this year and trails the MSCI Emerging Markets Index. Some of that lag could be attributable to the country's recent election, which saw President Joko Widodo easily win re-election. With Widodo's win, it is safe to say major surprises did not materialize.
Indonesia markets and country-specific ETFs rallied Friday on a new data that revealed a surprise trade surplus last month. Among the top performing areas of the market on Friday, the iShares MSCI Indonesia ...