Boston, MA, 08/01/2013 (nysepost) – During the last trading session, the shares of iShares MSCI Emerging Markets Indx (NYSEARCA: EEM) closed at the price of $ 39.24 after the shares being decreased by 0.23%. The stock of of iShares MSCI Emerging Markets Indx was opened at the value of $ 39.51 and found to hit a peak value of $ 39.54. Altogether, the top two popular emerging markets of the ETFs namely iShares MSCI Emerging Markets Indx and Vanguard FTSE Emerging Markets had found shedding about $ 11.5 billion during the first half of this year.
The pull back of the policies of easy money by the Fed created the worry among the investors about the consequences. Following this set back, the price of the US treasuries became lower and results were lower as well. The Gold prices became lower and one could see the rise in dollars. Also, the stocks of the emerging markets arrived from the sold offs. In addition to this, the US stocks also had fall down from the higher points. Sudden changes got into notice, when the chairman of the Federal Reserve, Ben Bernanke gave the assurance with regards to the accommodative policy that is essential for achieving the target that has been projected for the future. However, these changes were positive and this upside trend is seemed to be persisting.
The iShares MSCI Emerging Markets Index was previously named as iShares MSCI Emerging Markets Index Fund. This index was designed in order to measure the performance of the equity market in the emerging markets worldwide. This was developed as the benchmark which was set for the performance of the stock of the emerging markets. This was developed by Morgan Stanley as an index that was weighted with the capitalization with the aim of capturing about 85% of the whole market capitalization.