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EIRL Crosses Critical Technical Indicator Friday, June 1, 3:51 PM ET, by Market News Video Staff In trading on Friday, shares of the iShares MSCI Ireland Capped Investable Market Index Fund ...
By Market News Video Staff, Monday, November 22, 9:09 AM ET
Ireland will receive a bailout from the European Union, to help it out from under the weight of massive debt. Finance ministers there will work on the terms of the bailout over the nest few weeks.
The EU wants to ensure stability in Ireland’s banking system, as well as prevent the debt crisis from spreading to the rest of the Eurozone.
British Finance Minister Brian Lenihan said the country would need less than 100 billion euros.
Watch the iShares MSCI Ireland Capped Investable Market Index Fund (AMEX:EIRL) today.
Top stocks in the fund, that are also listed in the U.S., include CRH (NYSE:CRH), which is 22.69% of the fund, and Bank of Ireland (NYSE:IRE), at 6.36% of the portfolio.
Elan (NYSE:ELN) is 5.14% of the fund, and Ryanair (NASDAQ:RYAAY) is 4.46%.
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