Prolonged Strikes Will Pressure South Africa ETF
May 19, 2014 at 07:00 AM EDT
With no end in sight for the strikes on three South Africa’s three largest platinum miners, an extended economic malaise could weigh on the South Africa country-specific exchange traded fund. The iShares MSCI South Africa ETF (NYSEArca: EZA) has gained 7.2% year-to-date. Moody’s...