South Africa ETF Surges on Hopes of Reform
December 18, 2017 at 15:28 PM EST
South African markets and country-specific exchange traded fund rallied Monday as investors were optimistic that pro-reform candidate Cyril Ramaphosa secured victory in the ruling ANC’s leadership vote. The iShares MSCI South Africa ETF (NYSEArca: EZA) increased 5.0% Monday and was up 25.8%...