News Column

Friday's ETF with Unusual Volume: BIK

May 23, 2014

The SPDR S&P BRIC 40 ETF (BIK) is seeing unusually high volume in afternoon trading Friday, with over 78,000 shares traded versus three month average volume of about 51,000. Shares of BIK were up about 0.4% on the day.

Components of that ETF with the highest volume on Friday were Vale (VALE), trading off about 0.2% with over 6.7 million shares changing hands so far this session, and Petrobras (PBR), up about 0.7% on volume of over 5.5 million shares. Mobile Telesystems (MBT) is the component faring the best Friday, higher by about 1.4% on the day, while HDFC Bank (HDB) is lagging other components of the SPDR S&P BRIC 40 ETF, trading lower by about 1.9%.

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