Highlighting the importance of the Indonesian consumer to Indonesia ETFs, IDX allocates a combined 31.1% of its weight to staples and discretionary stocks, according to Market Vectors data.
Indonesia posted trade surpluses in October and November 2013, according to Bloomberg. The Morgan Stanley upgrade also helped push yields on Indonesian 10-year sovereigns lower. That could provide a boost to numerous emerging markets bond ETFs that have exposure to Indonesia. Several of those funds also have exposure to Turkey. [Central Bank Help for the Turkey ETF]
Market Vectors Indonesia ETF
