Wednesday's ETF with Unusual Volume: FNI
updated Wednesday, October 31, 1:02 PMThe First Trust Chindia ETF (FNI) is seeing unusually high volume in afternoon trading Wednesday, with over 267,000 shares traded versus three month average volume of about 43,000. Shares of FNI were up about 2.7% on the day.
Components of that ETF with the highest volume on Wednesday were Alibaba Group Holding (BABA), trading up about 3.2% with over 13.1 million shares changing hands so far this session, and JD.com (JD), up about 3.4% on volume of over 10.3 million shares. Yum China Holdings (YUMC) is the component faring the best Wednesday, up by about 14.8% on the day, while Vedanta (VEDL) is lagging other components of the First Trust Chindia ETF, trading lower by about 3.3%.
For MarketNewsVideo.com, I'm Sayoko Murase.