South Africa ETF Rebound Belies Weakness in Economy
June 23, 2015 at 10:00 AM EDT
South Africa stocks and country-specific exchange traded fund are rebounding off earlier June lows, but high inflation and weak growth are still causes for concern. The iShares MSCI South Africa ETF (NYSEArca: EZA) has jumped 7% since its June 5 low. EZA is still down 0.8% year-to-date. The South...