ISEQ edges higher
The ISEQ has edged 3.73 higher to 6,143.84 on a day when IEX – the new market for small to mid-sized Irish companies – formally commenced operations.
The IEX, Irish Enterprise Exchange, began at 7am this morning and is the market specially designed for small to mid-sized Irish companies.
All eight companies previously quoted on the Exploration Securities Market (ESM) and the Developing Companies Market (DCM) transferred to IEX at 7am. Both the ESM and the DCM markets have now ceased to exist.
On the main market Allied Irish Bank slipped 2c to €16.40 but Bank of Ireland climbed 7c to €12.55 today.
Anglo Irish Bank shares crept up 3c to €19.73 while Irish Life & Permanent shares fell 6c.
Meanwhile shares in gas and oil exploration company Tullow Oil fell 9c to €2.70 today despite the group revealing operating profit before exploration activities up 88% to £83.2m (€121.1m).
The most traded shares today are Irish Life & Permanent, Allied Irish Bank, CRH, eircom and Bank of Ireland.
