Tuesday, June 20, 2006

BRIC Index

After emerging markets shake out, this might be useful.

NEW YORK (Dow Jones)--As investors continue to expand their horizons into emerging market economies, Standard & Poor's announced Tuesday the launch of an index that tracks some of the largest companies from the so-called BRIC countries, Brazil, Russia, India and China.

The S&P BRIC 40 Index, which is calculated in U.S. dollar and euro terms, includes the largest and most liquid BRIC companies traded in international exchanges such as the New York Stock Exchange, Nasdaq, the London Stock Exchange and the Hong Kong Stock Exchange.

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