ISE Unveils Q3 Figures

by Philip Morton, Investors Offshore.com

11 October 2006

The Irish Stock Exchange on Monday reported continued strong growth in equity trading volumes in the first three quarters of 2006.

The value of shares traded on the ISE increased by 17% to EUR94.3 billion for the nine months ended 30 September 2006 from EUR80.7 billion for the same period in 2005, itself a year of very strong growth in turnover.

The value of equities traded on the Exchange in the third quarter exceeded EUR28.5 billion, representing an average daily turnover of EUR439 million and almost EUR500 million per day in the year to date.

The number of transactions on the Irish Stock Exchange increased by 15% for the nine months to the end of September 2006 compared to the same period in 2005, emphasising the underlying liquidity of the market.

The average number of transactions per day was 3,531, compared to 3,075 in the first three quarters of 2005.

The Irish market continued to perform strongly against global markets with a 12% increase in the ISEQ Overall Index in the nine months to 30th September.

The increase of 9% in the third quarter outperformed global indices such as the FTSE 100, NASDAQ, Eurostoxx 50, cDAX and Dow Jones Industrial Average.

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