Ethiopia’s Economy Grows 59% on Paper After GDP Rebasing, Now Valued at $210.7 Bln
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Government revises 2024/25 economic output to 24.03 trillion birr as newly counted mining, manufacturing, utilities and informal activities reshape national
Directly affected
- No company is named in this report.
Indirectly affected
- PICK iShares MSCI Global Metals & Mining Producers ETF-7.0% 30d
iShares MSCI Global Metals & Mining Producers ETF: it holds metals and mining companies. Linked by “mining” (metals & mining) in this story.
- XME SPDR S&P Metals & Mining ETF-7.3% 30d
SPDR S&P Metals & Mining ETF: it holds metals and mining companies. Linked by “mining” (metals & mining) in this story.
- XLU Utilities Select Sector SPDR+3.0% 30d
Utilities Select Sector SPDR: it holds power utilities. Linked by “utilities” (power and utilities) in this story.
- AFK VanEck Africa Index ETF
VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“ethiopia”).
- NEE NextEra Energy+10.5% 30d
NextEra Energy (electric services): power demand and prices drive utility earnings. Linked by “utilities” (power and utilities) in this story.
- FCX Freeport-McMoRan-14.9% 30d
Freeport-McMoRan (metal mining): miners' profits move with metal prices. Linked by “mining” (metals & mining) in this story.
- BHP BHP Group-6.0% 30d
BHP Group (metal mining): miners' profits move with metal prices. Linked by “mining” (metals & mining) in this story.
- DUK Duke Energy+7.5% 30d
Duke Energy (electric and other services combined): power demand and prices drive utility earnings. Linked by “utilities” (power and utilities) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| PICK | +4.04% | +0.64% | base | after close | after close | after close | after close |
| XME | +4.70% | +1.09% | base | after close | after close | after close | after close |
| XLU | -2.14% | +0.05% | base | after close | after close | after close | after close |
| AFK | +3.12% | +0.00% | base | after close | after close | after close | after close |
| NEE | -3.87% | -0.66% | base | after close | after close | after close | after close |
| FCX | +7.87% | +1.12% | base | after close | after close | after close | after close |
| BHP | +5.35% | +1.40% | base | after close | after close | after close | after close |
| DUK | -2.27% | +0.74% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Ethiopia’s Economy Grows 59% on Paper After GDP Rebasing, Now Valued at $210.7 Bln Birr Metrics
Source: Birr Metrics
How far Vaneck Etf Trust (AFK) has moved since 4 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Vaneck Etf Trust (AFK) | three days earlier | 0.00% | final price |
| Vaneck Etf Trust (AFK) | five days earlier | +3.12% | final price |
| BHP | three days earlier | +1.40% | final price |
| BHP | five days earlier | +5.35% | final price |
| DUK | three days earlier | +0.74% | final price |
| DUK | five days earlier | -2.27% | final price |
| FCX | three days earlier | +1.12% | final price |
| FCX | five days earlier | +7.87% | final price |
| NEE | three days earlier | -0.66% | final price |
| NEE | five days earlier | -3.87% | final price |
| PICK | three days earlier | +0.64% | final price |
| PICK | five days earlier | +4.04% | final price |
| XLU | three days earlier | +0.05% | final price |
| XLU | five days earlier | -2.14% | final price |
| XME | three days earlier | +1.09% | final price |
| XME | five days earlier | +4.70% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $15,001 - $50,000 on 2 Oct 2026. That is 33 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $15,001 - $50,000 on 14 Sep 2026. That is 51 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Kevin Hern sold Nextera Energy (NEE) (jointly held), worth $1,001 - $15,000 on 2 Sep 2026. That is 63 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Duke Energy (DUK) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 40 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, sold Duke Energy (DUK), worth $1,001 - $15,000 on 24 Aug 2026. That is 72 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Vaneck Etf Trust (AFK)
Companies mentioned with this story
- AFK Vaneck Etf Trust
Vaneck Etf Trust (AFK) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Ethiopia’s Economy Grows 59% on Paper After GDP Rebasing, Now Valued at $210.7 Bln.” Reason on file: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“ethiopia”)
- EEM Ishares Tr
Ishares Tr (EEM) is linked, with no stored direction, medium confidence in the 4 Nov 2026 story “Ethiopia’s Economy Grows 59% on Paper After GDP Rebasing, Now Valued at $210.7 Bln.” Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa, which this story is about
Vaneck Etf Trust (AFK)
“Ethiopia’s Economy Grows 59% on Paper After GDP Rebasing, Now Valued at $210.7 Bln” (4 Nov 2026) reaches Vaneck Etf Trust (AFK) through this story.
What ties Vaneck Etf Trust (AFK) to the headline is this: VanEck Africa Index ETF holds stocks listed in Africa, which this story is about (“ethiopia”)
Also listed, Ishares Tr (EEM): iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes Africa, which this story is about
The price range for Vaneck Etf Trust (AFK), and the dates in the story
AFK traded between 25.64 and 25.83 across 1 sessions. The latest close on file is 25.83. EEM traded between 65.24 and 69.22 across 17 sessions. The latest close on file is 65.76.
A simple score for Vaneck Etf Trust (AFK)
21 out of 100
“Ethiopia’s Economy Grows 59% on Paper After GDP Rebasing, Now Valued at $210.7 Bln” scores 21 out of 100. The score uses 1 sources, and 2 linked companies.