Brazil ETFs Jump on Easing Liquidity Concerns, Fiscal Economic Support
Brazil country-specific exchange traded funds climbed Friday after a major institution of the Brazilian financial system moved to ease liquidity concerns and President Jair Bolsonaro aims to spend big on “Pro-Brazil” infrastructure to stimulate a beleaguered economy.
On Friday, the iShares MSCI Brazil Capped ETF (NYSEArca: EWZ) increased 4.3% and the iShares MSCI Brazil Small-Cap ETF (NasdaqGM: EWZS) advanced 3.4%.
By Max Chen via ETF Trends