Emerging Money Heat Map: Friday, April 13

By Emerging Money>,

Shutterstock photo

Welcome to the emerging markets 10 a.m. heat map. Global markets are starting off mostly in the red going into the weekend. Leading the slide in the Emerging Stock index are INFY -13.85%, IBN -2.95% and BIDU -1.43%.

INFY is being punished despite better-than-expected net profits for Q1. The company, however, announced it may underperform the Indian outsourcing market on a revenue growth line item basis in this fiscal year.

The large-cap emerging markets stocks in our universe -- think of this as a global version of the Dow industrials -- are looking vulnerable this morning:


Turning to the Emerging ETF index, we find the country ETFs losing ground as well with only EWS (Singapore) 0.39% on the positive side today. The country ETFs hardest hit on this Friday 13 include TUR (Turkey) -1.15%, EZA (S. Africa) -0.89% and ECH (Chile) -0.70%.

The U.S. dollar ETF UUP is recovering today up by 0.48%

What do these pictures represent? More information here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Stocks
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