I maybe the new guy but living in Dublin I read daily about other banks being a non entity and non runners with the state of affairs at present it will be circa 4 years before another BIG bank jumps into the Irish market giving BKIR the monopoly in the market AND this is not a bad thing as with most monopolies as it will give stability to the government and the consumer so on time . So after 214 and into 2015 we will see BIG profits within the bank and big PROFITS COMES BIG SP right?
Wednesday, 12th February 2014 ISEQ has best year since 1997 – 33.6% gain in 2013 Irish Stock Exchange (ISE) statistics released today show the ISEQ Overall index has had its best year since 1997, rising by 33.6% in 2013. The ISEQ has now gained 57.3% in 3 years. A comparison with other indices shows it was the best performing index in Western Europe during 2013, ahead of key indices such as the FTSE100 [+14.4%] and the German DAX [+25.5%]. It also outperformed the leading US indices, the S&P 500 [+24.4%] and NASDAQ [+32.8%] in what was a good year overall for global equity markets. 3.4m equity trades in 2013 – highest ever recorded The demand for Irish shares was also evident in the number of trades dealt on the ISE during 2013. At 3.4m deals, 2013 is the highest ever number of equity trades in the ISE’s history, and over 40% higher than 2012 [the previous high was recorded in 2008: 2.5m trades]. With four new member firms joining the ISE in 2013, equity turnover was similarly up, with 54.2% growth during the year bringing the annual total to over €57.6bn [2012: €37.3bn]. Given turnover’s link to share price, this underlies the positive performance of Irish companies and the underlying liquidity of the Irish market among the ISE’s international membership base [38 of the 47 members of the Irish Stock Exchange are based outside of Ireland]. €1.2bn raised in last quarter including 3 IPOs from Mincon, GameAccount Network and Hibernia REIT The last quarter of 2013, saw 3 new companies join the Irish Stock Exchange – Mincon a mature export-orientated Irish business raised €50m in international capital from its IPO. Also in November, GameAccount Network, a developer and supplier of enterprise-level business to business gaming software systems and online gaming content raised €26.6m from international investors. Hibernia REIT became the biggest IPO of 2013 when it raised €365m in December. It was the 2nd REIT to join the Main Securities Market of the ISE during 2013 following Green REIT’s IPO in July. Falcon Oil and Gas joined the ISE in March. Money raised in the last quarter totalled €1.2bn and included €580m raised by Bank of Ireland.
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