Egypt ETF Dodges Market Demotion

Up 29% year-to-date, the Market Vectors Egypt Index ETF (NYSEArca: EGPT) is one of this year’s top-performing single-country emerging markets ETFs. EGPT ‘s bullishness could remain in tact after Egypt, North Africa’s largest economy, dodged a demotion to frontier markets status in MSCI’s (NYSE:...