Exchange shares trade dips 20%

THE volume of shares traded on the Irish Stock Exchange has tumbled 20% year-on-year, according to figures released yesterday.

The stock exchange's quarterly review of trading showed turnover in Irish-quoted equities between July and September fell to an average of €249 million a day, down from €308 million in the same period last year.

Total trading volumes over the three months fell from €20.6 billion to €16.4 billion. Trading volumes for the nine months to September fell 8% to €53.9 billion.