IDX
VanEck Vectors Indonesia Index ETF  |  NYSEARCA
52wk high:24.10
52wk low:17.66
Expense Ratio:0.58%
Div Frequency:Annually
Div Rate (ttm):0.25
Yield (ttm):1.17%
Assets (AUM):$86.63M
Volume:
  • Mon, Jan. 16, 5:16 AM
    • JPMorgan (NYSE:JPM) has raised its call for Indonesian stocks to Neutral from Underweight, partially reversing a move it made in November.
    • "Redemption and bond volatility risks have now played out, in our view... Indonesia's macro fundamentals are strong, with high potential growth rate and low debt/GDP with economic reform."
    • The Indonesian government cut its business ties with JPMorgan after the bank downgraded its investment recommendation on local stocks to Underweight from Overweight in a November research note.
    • ETFs: IDX, EIDO, IF, IDXJ
    • Previously: Indonesia weighs curbs on negative bank research (Jan. 06 2017)
    Mon, Jan. 16, 5:16 AM | 3 Comments
  • Fri, Jan. 6, 5:54 AM
    • Indonesia is considering curbs on negative research reports by foreign banks, building on its decision to punish JPMorgan for issuing a bearish call on local equities.
    • The finance ministry may ask global institutions which hold primary dealerships in Indonesian sovereign bonds to sign pledges to refrain from issuing research that could "destabilize" the nation's financial markets.
    • ETFs: IDX, EIDO, IF, IDXJ
    Fri, Jan. 6, 5:54 AM | 2 Comments
  • Tue, Jan. 3, 3:46 AM
    • Indonesia's government has terminated all business partnerships with JPMorgan (NYSE:JPM) after the U.S. bank downgraded its assessment of Southeast Asia's largest economy following the election of Donald Trump.
    • "I don't think it will affect investor interest in Indonesia but it does reflect the difficulty of sell-side analysts... in producing balanced research reports," said Alan Richardson, an investment manager at Samsung Asset Management.
    • ETFs: IDX, EIDO, IF, IDXJ
    Tue, Jan. 3, 3:46 AM | 3 Comments
  • Dec. 19, 2016, 9:42 AM
    • VanEck Vectors India Small-Cap Index ETF (NYSEARCA:SCIF) - $0.5660. 30-Day Sec yield of 0.70%.
    • VanEck Vectors Indonesia Index ETF (NYSEARCA:IDX) - $0.2470. 30-Day Sec yield of 1.31%.
    • VanEck Vectors Israel ETF (NYSEARCA:ISRA) - $0.4350. 30-Day Sec yield of 0.66%.
    • VanEck Vectors Poland ETF (NYSEARCA:PLND) - $0.2640. 30-Day Sec yield of 3.02%.
    • VanEck Vectors Russia ETF (NYSEARCA:RSX) - $0.3340. 30-Day Sec yield of 1.79%.
    • VanEck Vectors Russia Small-Cap ETF (NYSEARCA:RSXJ) - $0.7800. 30-Day Sec yield of 1.20%.
    • VanEck Vectors Vietnam ETF (NYSEARCA:VNM) - $0.3180. 30-Day Sec yield of 3.23%.
    • VanEck Vectors Global Spin-Off ETF (NYSEARCA:SPUN) - $0.3240. 30-Day Sec yield of 1.49%.
    • Payable Dec. 23; for shareholders of record Dec. 21; ex-div Dec. 19. 30-Day Sec yield as of 12/16/2016.
    • Press Release
    Dec. 19, 2016, 9:42 AM
  • Dec. 19, 2016, 6:24 AM
    • Indonesia's central bank is looking to revive a previously shelved plan to slash three zeroes off the face value of its rupiah notes,
    • Bank Indonesia Governor Agus Martowardojo told President Joko Widodo the proposal would make the currency "more efficient and simpler."
    • The largest rupiah denomination is currently 100,000 and the smallest note is 1,000.
    • ETFs: IDX, EIDO, IF, IDXJ
    Dec. 19, 2016, 6:24 AM
  • Oct. 12, 2016, 4:45 AM
    Oct. 12, 2016, 4:45 AM | 1 Comment
  • Aug. 5, 2016, 3:53 AM
    • Indonesia's economy grew a faster-than-expected 5.18% in the second quarter from a year earlier, thanks to higher commodity prices and stronger consumption.
    • Household spending, which accounts for more than half of GDP, rose 5.04% on the year.
    • The growth was partly fueled by the earlier start in June of Ramadan, when prices of food and other goods tend to rise.
    • ETFs: IDX, EIDO, IF, IDXJ
    Aug. 5, 2016, 3:53 AM
  • Jan. 14, 2016, 2:03 AM
    • Militants launched a gun and bomb assault killing seven people and wounding 39 in Indonesia's capital city on Thursday, in an attack that followed a threat by Islamic State to put the country in their "spotlight."
    • Police suspect a suicide bomber and up to 14 gunmen to be behind the incident.
    • The blasts and melee sent Indonesian markets tumbling. The Jakarta Composite sunk as much as 1.7% and the rupiah fell 0.8% to 13,940 per dollar.
    • ETFs: IDX, EIDO, IF, IDXJ
    Jan. 14, 2016, 2:03 AM | 1 Comment
  • Nov. 5, 2015, 2:04 AM
    • Indonesia's economy expanded less than analysts estimated last quarter on weak household spending, stagnating foreign investment and declining demand for the country's commodities.
    • GDP rose 4.73% in the three months through September from a year earlier, missing forecasts for 4.8% growth.
    • What about the Trans-Pacific Partnership? Last week, President Joko Widodo said Indonesia plans to join the TPP, although it still remains to be seen if the country could qualify for the deal and overcome political hurdles.
    • ETFs: IDX, EIDO, IF, IDXJ
    • Previously: Indonesia to join Pacific trade pact (Oct. 27 2015)
    Nov. 5, 2015, 2:04 AM
  • Oct. 27, 2015, 1:56 AM
    • After speaking with President Obama on Monday, Indonesian President Joko Widodo said his country plans to join the Trans-Pacific Partnership that the U.S. has forged with 11 other countries.
    • "We are the largest economy in Southeast Asia," Widodo said through a translator. "And Indonesia intends to join the TPP."
    • Negotiators completed the deal earlier this month, capping a years-long process to create a regional trade bloc covering 40% of the global economy.
    • ETFs: IDX, EIDO, IF, IDXJ
    Oct. 27, 2015, 1:56 AM | 1 Comment
  • Aug. 24, 2015, 4:47 AM
    Aug. 24, 2015, 4:47 AM | 21 Comments
  • May 7, 2015, 4:46 AM
    May 7, 2015, 4:46 AM | 1 Comment
  • May 5, 2015, 3:01 AM
    • Indonesia's economy unexpectedly shrank for a second straight quarter as exports and government spending dropped, dealing a setback to President Joko Widodo as he seeks to bolster the economy.
    • Coming in below forecasts for 4.9% growth, GDP grew 4.7% from the year-ago period in Q1 and lower than the 5% expansion seen in Q4.
    • Widodo took office in October pledging to increase infrastructure spending, boost investment and achieve 7% expansion by 2017 in Southeast Asia's largest economy.
    • ETFs: IDX, EIDO, IDXJ
    May 5, 2015, 3:01 AM
  • Mar. 17, 2015, 6:52 AM
    • As expected, Indonesia's central bank, which last month surprisingly cut its benchmark rate, held it steady today at 7.50%.
    • At the meeting, it also maintained its overnight deposit facility rate and lending facility rate, at 5.50% and 8.00% respectively.
    • Previously: Monetary policy around the world (Mar. 17 2015)
    • ETFs: IDX, EIDO, IDXJ
    Mar. 17, 2015, 6:52 AM
  • Oct. 6, 2014, 2:41 PM
    • "Proactive stimulus measures and restored political stability" are cited by Credit Suisse as it upgrades Thailand to a Buy from Neutral. The team note's last week's approval of a $11B spending package (roughly 2.8% of GDP).
    • ETFs: THD
    • Indian stocks need to take a breather from a big run, says Credit Suisse, lowering the country to Neutral from Buy.
    • ETFs: EPI, SCIF, INDY, PIN, INDL, INP, INXX, INDA, SCIN, SMIN, INCO
    • Valuation is a concern for Indonesia, says Credit Suisse, cutting the country to Sell from Neutral. At 14.4x forward earnings, stocks are at a 16% premium to their 10-year historical average at the same time 3-month revisions of consensus earnings have tuned south.
    • ETFs: IDX, EIDO, IDXJ
    Oct. 6, 2014, 2:41 PM | 1 Comment
  • Aug. 11, 2014, 6:58 AM
    • Indonesian officials say there are no plans to withdraw the seven-month old ban on exports of unprocessed nickel ore and bauxite.
    • The country was the world's top exporter of nickel ore and a major bauxite producer until this past January, when the ban was issued in order to force miners to build smelters.
    • Last month, the government allowed several firms producing partially processed minerals such as copper concentrate to resume exports, although Indonesia's chief economic minister Chairul Tanjung says the same rationale does not apply to unprocessed exports of nickel ore and bauxite.
    • "Nickel is different because if you are smelting in Indonesia the added value is much higher than copper," says Tanjung. "Because of that it's a separate issue."
    • ETFs: IDX, JJC, EIDO, COPX, CU, IDXJ, JJN, CPER, NINI, CUPM
    Aug. 11, 2014, 6:58 AM