🔴 Emerging Markets Islamic ETF (ISDE.L) is trading 3.1% down after Trump rejected Iran's Hormuz proposal

ISDE.L is trading at $36.31, down 3.10%, as renewed selling in emerging markets followed President Trump’s rejection of Iran’s Strait of Hormuz proposal.

• The MSCI Emerging Markets gauge fell as much as 1.2%.
• Higher oil prices and rising developed-market bond yields weighed on risk appetite amid concerns about persistent inflation and higher-for-longer rates.
• The supplied price context shows the live move; current intraday ETF volume or activity data was not provided.