Economists now predict that growth in economies from China, India, Indonesia, Singapore and Thailand will remain steady or near last year’s weak expansion, Reuters reports.
“The region will continue to march forward at a low growth rate – not bad, not great, just what it’s done for the past two years. Grumble, stumble,” David Carbon, head of economic and currency research at DBS Bank, wrote in a note.
The Market Vectors Gaming ETF (NYSEArca: BJK) is down 3.6% year-to-date. Las Vegas Sands makes up 8.0% of BJK and Sands China is 6.6% of the portfolio.
Market Vectors Gaming ETF
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Max Chen contributed to this article.