Tuesday, April 27, 2010

Christian Stock Index Launched

London's Financial Times reported that Europe's first stock index based on Christian values was launched yesterday. Stoxx Europe Christian Index consists of stocks of 533 European companies whose revenues come only from sources approved "according to the values and principles of the Christian religion." Companies are excluded if they profit from pornography, weapons, tobacco, birth control or gambling. The companies in the index are screened by a committee that includes representatives of the Vatican.