Bank of Ireland Enters Oversold Territory (IRE) Thursday, April 5, 11:49 AM ET, by Market News Video Staff Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
Elan Corp Plc Enters Oversold Territory (ELN) Tuesday, May 8, 12:57 PM ET, by Market News Video Staff Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy ...
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 ...
EU Statement Aims at Curbing Irish Debt Fears: Watch EIRL ETF on Friday
By Market News Video Staff, Friday, November 12, 9:14 AM ET
Leaders from the European Union countries France, Germany, Spain, Italy and the U.K. issued a statement today explaining how proposals being considered there regarding debt would not apply to current instruments.
The statement was intended to quell worries by holders of Irish government bonds that their holdings would be required to take writedowns under the proposal.
Ireland’s finance ministers praised the statement today.
Keep an eye on the iShares MSCI Ireland Capped Investable Market Index Fund (AMEX:EIRL) today.
Top stock CRH (NYSE:CRH) trades in New York as well as overseas, and its 22.69% of the fund. Bank of Ireland (NYSE:IRE) is the third largest stock in the fund, at 6.36% of the portfolio, and pharma company Elan (NYSE:ELN) is the fourth-largest holding, at 5.14% of the fund.
Discount airline Ryanair (NASDAQ:RYAAY) is 4.42% of the portfolio.
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