ISE sees 10% gain in first quarter of 2014

Friday 02 May 2014 15.08
The Irish Stock Exchange has seen strong growth in the number of share and equity trades
The Irish Stock Exchange has seen strong growth in the number of share and equity trades

The Irish Stock Exchange has seen further gains in the first three months of 2014, according to the company behind the Dublin market, following strong growth in 2013.

The ISE has gained 10% in the first quarter of the year, having increased by 34% in the year to December 2013.

ISE said this made the ISEQ one of the strongest performing indices in Europe during the three month period.

The value of equity trades was 25% higher than in the same quarter of 2013, while there was a 43% rise in the number of shares traded.

The first three months of the year also saw a new addition to the ISE, with the debut of Dalata Holdings on the Dublin market.

ISE said this marked the sixth company to list on its index in the past year.