Merrill Lynch euro index

Merrill Lynch & Co has announced the introduction of the Euro Momentum Index, which is designed to track the performance …

Merrill Lynch & Co has announced the introduction of the Euro Momentum Index, which is designed to track the performance of 20 blue-chip euro stocks. These stocks will have the highest forecasted earnings momentum and meet "stringent selection criteria", Merrill Lynch said. In addition, Merrill Lynch will issue euro certificates linked to the index.

  • Join The Irish Times on WhatsApp and stay up to date

  • Sign up to the Business Today newsletter for the latest new and commentary in your inbox

  • Listen to Inside Business podcast for a look at business and economics from an Irish perspective