Earthquake Of Magnitude 6.9 Strikes Bali Sea, Indonesia
Portfolio Pulse from Benzinga Newsdesk
An earthquake of magnitude 6.9 has struck the Bali Sea, Indonesia, according to the European-Mediterranean Seismological Centre (EMSC).
August 28, 2023 | 8:05 pm
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The earthquake in the Bali Sea could potentially impact the iShares MSCI Indonesia ETF (EIDO) due to potential disruptions in the Indonesian economy.
Earthquakes can cause significant disruptions to local economies, including infrastructure damage and business interruptions. As EIDO tracks the investment results of an index composed of Indonesian equities, it could be negatively impacted by these potential disruptions.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 75