🔴 Emerging Markets ETF (ISDE.L) is trading 4.42% down as above-forecast U.S. inflation revives rate-hike concerns

ISDE.L is trading at $32.45, down 4.42%, as hot U.S. inflation and an Asian tech selloff weigh on equities.

• September U.S. CPI rose 3.7% year over year, above expectations, reviving rate-hike concerns.
• Chip-heavy South Korean and Japanese markets fell sharply; Samsung Electronics and SK hynix were among pressured shares.
• Information technology represents 55.04% of the ETF, which tracks emerging-market Shariah-compliant stocks.