Number of trades on Irish Stock Exchange up by almost a third

The number of trades dealt on the Irish Stock Exchange (ISE) stood at 2.2m for the first half of 2014 – an increase of 32% on the same period in 2013, according to new ISE statistics published today.

The total value of equity trades in H1 was €31.8bn, an increase of 7% on the €29.8bn recorded in H1 2013.

The average daily turnover for equities stood at €256m per day in H1 2014 – up 7% on the same period last year.

H1 2014 saw the trend of new listings on the ISE continue with the addition of Dalata Hotel Group and Mainstay Medical to the Enterprise Securities Market and a third REIT, Irish Residential Properties REIT being admitted to the Main Securities Market.

These listings, which collectively raised €865m, followed new listings in 2013 by Hibernia REIT, Green REIT, Mincon, GameAccount Network and Falcon Oil and Gas.

A total of €980m was raised by all companies quoted on the ISE during H1.