Egypt ETF Soars on Mubarak Resignation
February 11, 2011 at 12:00 PM EST
After 18 days of intense and sometimes violent protests, Egyptian President Hosni Mubarak ceded power to the country’s military. Within minutes, Market Vectors Egypt (NYSEArca: EGPT) exchange traded fund (ETF) jumped up 6% and trading volume roared. It’s not the only ETF that saw a...