Political Violence Ignites Sell-Off in Egypt ETF
August 15, 2013 at 15:26 PM EDT
The Egypt related exchange traded fund is faltering and showing a greater disconnect with the underlying stocks as political violence escalates and forces the Egyptian bourse to close. The Market Vectors Egypt ETF (NYSEArca: EGPT) was down 3.2% Thursday and has declined about 5.7% since the street...