ISE reports strong growth in trading volumes in H1 2014

  •   2.2m equity trades in H1 – 32% more than H1 2013 
  • €980m raised in H1 as influx of new equity listings continues with Dalata Hotel Group, Mainstay Medical and Irish Residential Properties REIT
  • More than 23,500 debt instruments listed at end H1 – up 8% so far in 2014

The strong demand for Irish shares during 2013 continued into H1 2014, according to new statistics published today by the Irish Stock Exchange (ISE). The number of trades dealt on the ISE stood at 2.2m for the first half – an increase of 32% on the same period in 2013.

The total value of equity trades in H1 was €31.8bn, an increase of 7% on the €29.8bn recorded in H1 2013. The average daily turnover for equities stood at €256m per day in H1 2014 – up 7% on the same period last year.

€980m raised in H1 with three new companies listing on the ISE

H1 2014 saw the trend of new listings on the ISE continue with the addition of Dalata Hotel Group and Mainstay Medical to the Enterprise Securities Market and a third REIT, Irish Residential Properties REIT being admitted to the Main Securities Market. These listings, which collectively raised €865m, followed new listings in 2013 by Hibernia REIT, Green REIT, Mincon, GameAccount Network and Falcon Oil and Gas. 

A total of €980m was raised by all companies quoted on the ISE during H1.

More than 23,500 debt instruments listed at end H1 – up 8% so far in 2014 

The total number of debt tranches listed on the ISE stood at 23,504 at the end of H1 2014, an increase of 8% so far this year.

The ISE now counts debt listings from 80 countries across the globe including Europe, the USA, Latin America, the Middle East and Africa.

Additional listing activity was evident across all debt product types in H1, with the ISE attracting debt listings from issuers based in countries including the UK, France, Slovenia, Slovakia, Chile, Saudi Arabia and the United Arab Emirates.

Among the issuers to list debt instruments on the ISE during H1 were:

  • Ryanair
  • Arla Foods, a Scandinavian dairy co-operative
  • Debenhams, a UK-headquartered retailer
  • The Wellcome Trust, a UK-based charitable foundation
  • The Republic of Kenya
  • Darty, a French electrical goods retailer.

The number of funds and sub-funds listed on the ISE fell slightly during H1, with the total number of funds standing at 763 at the end of June and the number of sub-funds at 1,495.

ISEQ gains 3% in H1 2014

The ISEQ Overall index increased by 3.5% to 4,700 during the first half of 2014. This compares with a decrease of [0.1%] in the FTSE 100 and gains of [2.9%] in the DAX, [3.0%] in the CAC 40 and [5.5%] in the NASDAQ.

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CONTACT US

Ailish Byrne, Head of Public Affairs and Communications at the Irish Stock Exchange, Dublin

Ailish Byrne

+353 1 6174266

ailish.byrne@ise.ie

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