Bargain Hunters Jump on Oversold Brazil ETFs
May 19, 2017 at 14:41 PM EDT
Brazilian markets and country-specific exchange traded funds surged as traders looked to Thursday’s precipitous sell-off as a buying opportunity. The iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) declined jumped 5.9% Friday on close to double its average daily volume after plummeting over...