South Africa ETF Plunges as Economy Slips into a Recession
September 04, 2018 at 14:46 PM EDT
South African stocks and country-specific exchange traded fund plummeted Tuesday after government data revealed the economy fell into a recession for the first time since 2009. The iShares MSCI South Africa ETF (NYSEArca: EZA) declined 7.1% Thursday and dipped to its lowest level since early 2017....