ISE reports rise in activity for first nine months

Despite losing a number of member companies to management buyouts, the Irish Stock Exchange has reported an increase in business…

Despite losing a number of member companies to management buyouts, the Irish Stock Exchange has reported an increase in business in the first nine months of the year.

The value of shares traded in the first nine months of 2003 was €58.5 billion, an increase of 11 per cent on the same period last year. Average daily turnover in equities also rose 11 per cent to €308 million.

Among the best performers so far this year are Galen Holdings - up €2.31 (31 per cent), Irish Life & Permanent - up €1.87 (20 per cent) and CRH - up €1.67 (12 per cent).