Egypt ETF: Volatility Could Be Fact of Life for Now
February 14, 2011 at 14:00 PM EST
The closely-watched Van Eck Market Vectors Egypt Index (NYSEArca: EGPT) exchange traded fund (ETF) is powering ahead today, but it’s too soon to expect a smooth ride to more gains. Rodrigo Campos for Reuters reports that the prospect of such volatility hasn’t deterred investors yet. In...