Miner Company
EWP: Expect A Slow Tourism Season Amid Surging Fuel Costs And Weak Consumer Sentiments
iShares MSCI Spain ETF is downgraded to Hold due to expected tourism headwinds impacting Spain's economy this summer. Tourism represents 13% of Spain's GDP; a slowdown could broadly impact EWP's finance, utilities, and industrial holdings.
iShares MSCI Spain ETF is downgraded to Hold due to expected tourism headwinds impacting Spain's economy this summer. Tourism represents 13% of Spain's GDP; a slowdown could broadly impact EWP's finance, utilities, and industrial holdings.