The SPDR S&P BRIC 40 ETF (BIK) is seeing unusually high volume in afternoon trading Friday, with over 375,000 shares traded versus three month average volume of about 57,000. Shares of BIK were trading flat on the day.
Components of that ETF with the highest volume on Friday were Baidu (NASDAQ:BIDU), trading up about 8.9% with over 8.2 million shares changing hands so far this session, and Petroleo Brasileiro (NYSE:PBR), up about 1% on volume of over 6.8 million shares. Yandex (NASDAQ:YNDX) is lagging other components of the SPDR S&P BRIC 40 ETF Friday, trading lower by about 1.6%.
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