S&P Indices has launched the first in a series of indices designed to measure the performance of the Mercado Integrado Latino Americano (MILA) integrated market. The S&P MILA 40 will measure the returns of stocks trading on the MILA platform. The launch of the index will allow the three stock exchanges representing MILA to have a broader international presence. The new index will become a reference for MILA in global markets and will include all stocks domiciled in Chile, Colombia and Peru and trade on the MILA stock market as domestic stocks.
Click here for the release from PR Newswire.