Investors shun IEX

DUBLIN’S new specialist market for small companies had a quiet start yesterday, attracting trades worth less than €150,000.

Investors shied away from the new Irish Enterprise Exchange (IEX) on its first day. Four of the eight firms quoted on the market recorded no shares changing hands.

The Irish Stock Exchange hopes the exchange will emulate the success of London’s Alternative Investment Market, whose popularity has soared among small and medium companies looking for a listing for the first time.