ISEQ index of Irish shares suffers Q2 Brexit uncertainty hit
The ISEQ Overall index of Irish shares fell by 10.6pc in the second quarter of this year and is down 16.9pc overall for the year to date.
The ISEQ Overall index fell by 10.6pc in the second quarter of this year and is down 16.9pc overall for the year to date.
In a statement, the ISE said the figures reflected continued uncertainty in global markets and the impact of the UK’s decision to leave the EU.
The half year saw most global indices deliver negative returns, including the FTSE 250 (-6.7pc); the CAC 40 in France (-8.6pc) and Tokyo’s Nikkei 225, which was down by 18.2pc.
Turnover in Irish Government bond saw a drop of 23.2pc to at €123bn.
The statistics published show that the ISE now has over 35,000 securities. The securities are comprised of over 4,000 issuers in 80 countries on its markets at the end of June 2016.
The number of debt listings grew by 2.6pc in Q2 to 27,991.
A number of multinational firms listed new debt instruments on the exchange in Q2. They include Entertainment One, Bright Food Singapore Holdings, Banco de Sabadell, Coöperatieve Rabobank, Sacyr Liberty Mutual Group.
In addition, Draper Esprit plc, the venture capital investor, raised €102m from its Initial Public Offering (IPO) in June.
Article Source: http://tinyurl.com/kbwqb42