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‘Trump ETF’ plunges as victory hits Mexican market

Posted on 10 November 2016

The largest US-listed exchange-traded fund tracking Mexican stocks, dubbed the ‘Trump ETF’ by many analysts during the presidential election campaign, has fallen 11.6% on the back of the US election result.
After the market opened the New York-listed iShares MSCI Mexico Capped ETF was down 10.19%, hitting $47.41 at 9.32am, down from $52.79 when the market closed Tuesday night. On Tuesday, the ETF posted its highest gain in five years as markets believed Hillary Clinton had stronger prospects for victory………………………………………Full Article: Source


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