skip to main content

Dublin's ISEQ index hits new record high

Irish Stock Exchange - Almost €500m a day traded
Irish Stock Exchange - Almost €500m a day traded

Dublin's ISEQ index got the week off to a strong start, gaining 73 points to close at a new record high of 8,349.

Banks performed strongly today, with AIB jumping 48 cent to €21.09, Anglo Irish Bank up 30 cent to €13.55 and Bank of Ireland closing five cent higher at €15.25.

Building and food stocks also helped the index to its record close today.

Meanwhile, the Irish Stock Exchange today reported a 17% increase in turnover for the first nine months of the year, compared with the same time last year.

The value of shares traded by the ISE was €94.3 billion, bringing the average daily turnover so far this year to €500m.

Companies raised €1.56 billion in the third quarter of this year, including €1.2 billion from Aer Lingus before its official entry to the exchange earlier this month.

The ISEQ index us up 12% in the nine months, with a 9% rise in the third quarter alone.

Four new companies joined the IEX market in the period - Amarin, Petroceltic, Ardent and Petroneft.