Economics
ISEQ breaks through key 6,700 level
Friday, 11 February 2005The ISEQ broke through 6,700 today, closing at 6732, an all-time high for the index.
The Dublin market has gained over 5% since the start of the year, compared with a flat performance in Europe and a fall of over 3 per cent in the US markets.
Last year the ISEQ gained 26 per cent, partly down to a recovery in Elan shares, but even without Elan, the ISEQ would have been up by 15 per cent in 2004.
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Meanwhile the CAC in Paris topped the symbolic 4,000 point level today, above which it has not closed for two and a half years.
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