A market capitalization weighted index maintained by Morgan Stanley Capital International . The MSCI EMU Index measures the performance of stocks based in the European Economic and Monetary Union .
Taobiz explains MSCI EMU Index
As of June 2008, the MSCI EMU Index consisted of stocks in the following 11 developed-market countries: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, the Netherlands, Portugal and Spain. The index contains almost 300 stocks and represents about 85% of the market capitalization in these countries.