Record trading volumes reported in Q3 2014

  • 3.3m equity trades in the first 9 months of 2014 – a record high
  • Value of equity trades hits €49.4bn in first 9 months of 2014 – up 16% on same period in 2013
  • More than 24,000 debt instruments listed at end Q3 – up 11% so far in 2014

The figures show the very strong demand for Irish shares that has been evident during 2014 continued into Q3. The volume of shares traded on the Irish Stock Exchange (ISE) stood at a record high at the end of the third quarter of 2014, according to new statistics published today by the ISE.

The number of trades dealt on the ISE stood at 3.3m for the first nine months of the year – an increase of 31% on the same period in 2013.

The total value of equity trades in the year to September was €49.4bn, an increase of 16% on the €42.6bn recorded in the same period in 2013.

The average daily turnover for equities stood at €260m per day in the first three quarters – up 16% on the same period last year.

€980m raised so far in 2014 with three new companies listing on the ISE

For the first time in over 12 months there were no new listings of companies on the ISE during the quarter. Three companies listed on the ISE earlier in the year, raising a total of €484m. These were Dalata Holdings plc, Mainstay Medical plc and Irish Residential Properties REIT plc.

A total of €980m has been raised by all companies listed on the ISE so far in 2014.

More than 24,000 debt instruments listed at end Q3 – up 11% so far in 2014

The total number of debt tranches listed on the ISE stood at 24,169 at the end of Q3 2014, an increase of 11% so far this year.

The ISE now counts more than 31,000 securities listings from more than 4,500 issuers located in over 80 countries across the globe including Europe, the USA, Latin America, the Middle East and Africa.

The total number of funds listed on the ISE fell from 763 to 697 during Q3 and the number of subfunds increased slightly from 1,495 to 1,499. Eight new funds and 46 new sub-funds listed on the ISE during the quarter.

Additional listing activity was evident across all debt product types in Q3, with the ISE attracting debt listings from issuers based in countries including India, Kuwait, Oman, Latvia, Poland, Switzerland and Turkey as well as the UK, Spain, Sweden and the Czech Republic.

Among the issuers to list debt instruments on the ISE during Q3 were:

  • Freddie Mac
  • The Republic of Macedonia
  • The Republic of Senegal
  • Verizon Communications Inc
  • Moy Park (Bondco) plc
  • Kuwait Energy plc
  • The National Bank of Oman

ISEQ gains 3.7% in Q3 2014

The ISEQ Overall index increased by 3.7% to 4.875 during Q3. This brought the increase in the ISEQ Overall index in the first nine months of 2014 to 7.4%.

This compares with decreases of 1.9% in the FTSE 100, 0.8% in the DAX, and increases of 2.8% in the CAC 40 and 7.6% 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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