The SPDR S&P BRIC 40 ETF (AMEX:BIK) is seeing unusually high volume in afternoon trading Friday, with over 78,000 shares traded versus three month average volume of about 51,000. Shares of BIK were up about 0.4% on the day.
Components of that ETF with the highest volume on Friday were Vale (NYSE:VALE), trading off about 0.2% with over 6.7 million shares changing hands so far this session, and Petrobras (NYSE:PBR), up about 0.7% on volume of over 5.5 million shares. Mobile Telesystems (NYSE:MBT) is the component faring the best Friday, higher by about 1.4% on the day, while HDFC Bank (NYSE:HDB) is lagging other components of the SPDR S&P BRIC 40 ETF, trading lower by about 1.9%.
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