The SPDR S&P BRIC 40 ETF (AMEX:BIK) is seeing unusually high volume in afternoon trading Tuesday, with over 192,000 shares traded versus three month average volume of about 54,000. Shares of BIK were off about 0.2% on the day.
Components of that ETF with the highest volume on Tuesday were Petroleo Brasileiro (NYSE:PBR), trading down about 0.5% with over 15.6 million shares changing hands so far this session, and Ambev (NYSE:ABEV), down about 0.3% on volume of over 11.0 million shares. ICICI Bank (NYSE:IBN) is the component faring the best Tuesday, up by about 3.8% on the day, while BRF SA (NYSE:BRFS) is lagging other components of the SPDR S&P BRIC 40 ETF, trading lower by about 0.8%.
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