Last month, Morgan Stanley reversed course on Indonesia, calling it the most vulnerable Southeast Asian market to capital outflows. Credit Suisse said higher energy costs, combined with monetary policy tightening, will probably hit already weakening investment growth and drag economic expansion to 5.7 percent in 2013, reports Harry Suhartono for Bloomberg.
JPMorgan lowered Indonesia to overweight last month and over the past 30 days, the comparable Philippines, Thailand and Vietnam ETFs have all outpaced EIDO and IDX.
Market Vectors Indonesia ETF
ETF Trends editorial team contributed to this post.