Malaysia ETF Soars to Record High After Elections
May 06, 2013 at 10:43 AM EDT
The iShares MSCI Malaysia (NYSEArca: EWM) rallied nearly 6% in early U.S. trading Monday after the ruling party Barisan National and Prime Minister Najib Razak remained in power. Malaysian stocks jumped to all-time highs in the wake of the elections. “There’s more political certainty...