AVEM is trading 6.45% higher at $95.02 in pre-market action, tracking a broader recovery in risk assets after a sharp tech-led selloff pressured emerging markets late last week.
- Risk sentiment has stabilized overnight, with U.S. equity futures and key Asian indices like Hong Kong rebounding from recent lows.
- The move reflects a shift back into emerging market equities after several consecutive down days for the sector.
- Markets are showing resilience and a return to risk-on positioning despite ongoing Middle East tensions and elevated oil prices.