Time has come to take stock

The Irish Stock Exchange has managed a decent start to the year, but news that another top Irish company is considering switching its listing to London could prove a headache for chief executive Deirdre Somers, says John Daly

Despite having turned in reasonable trading figures for the first half of 2012, the news earlier this week that another major Irish company is considering delisting from the Irish Stock Exchange will doubtless have provided some food for thought for Iseq chief Deirdre Somers.

United Drug is considering delisting from the Iseq to move its main listing to the London Stock Exchange.