ISE attracts over 2,200 new fund and debt securities in Q1 2017

The Irish Stock Exchange (ISE) attracted over 2,200 new fund and debt listings in Q1 2017 according to its latest statistics. Total listings on ISE markets at the end of March 2017 are now over 38,000 securities, covering more than 4,000 issuers from 85 countries.  

2,077 new debt listings including Latin American, Middle Eastern and European issuers in Q1

A total of 2,077 new debt securities were admitted in Q1, bringing to 29,369 the number of debt listings on the ISE’s two debt markets – the Global Exchange Market (GEM) and the Main Securities Market (MSM).  

New debt listings during the quarter included issuers based in Europe, North and South America and Asia. Among the new listings were:

  • Ryanair which listed a €750m bond
  • Finnish IT group Nokia Corporation which listed €1.25bn notes
  • Quadrifoglio S.p.A., an Italian waste services company, which listed €50m senior notesGrupo Financiero Santander México which listed $500m in Tier 1 capital notes
  • A new Peruvian Global Depositary Note linked to a State-owned house builder
  • A dual-tranche US$8bn notes from the State of Kuwait in its debut listing on the ISE
  • Kuwait’s Warba Bank which listed US$250m Tier 1 capital certificates
  • The largest ever issuance from the Government of the Sultanate of Oman

Over 200 new ETF and investment fund classes listed during Q1

Among the 212 new funds listed was Fidelity International’s listing of its first exchange traded funds (ETFs) in Europe. At the end of the quarter the ISE had over 5,700 investment funds and ETFs listed on its markets. World Federation of Exchanges data shows the ISE retains its position as the number one centre in the world for listing funds.

Turnover in Irish equities reaches €19.6bn and ISEQ rises by 2.2%

The value of equities traded on the ISE stood at €19.6bn for Q1 – a 1.6% increase on the previous quarter. The number of trades was 1.4m, which represented a 1.4% decrease on Q4 2016.

The ISEQ Overall index gained 2.2% to 6,659 during the quarter, with all ISEQ equity indices recording gains. The ISEQ Small Cap index added 14.4% to reach 2,711.

Two listed plcs marked significant listing milestones during Q1 with Independent News and Media celebrating 80 years on the ISE and Smurfit Kappa marking the 10th anniversary of its listing.

Irish Government raises €7bn during Q1 2017

The Irish Government raised a total of €7bn during Q1. Turnover from the 33 Irish Government securities listed on the ISE amounted to €57.1bn during the quarter, a rise of 18.5%. Trades also increased by 15.9% compared to Q4 2016.

ISE achieves #2 in Great Place to Work Awards 2017

In other highlights the ISE was placed #2 in the Great Place to Work Awards 2017. This is the third successive year that the ISE has been ranked as one of the top ten Best Medium Workplaces (for organisations with between 100 and 300 employees) in Ireland. 

Download the ISE Q1 2017 infographic



Ailish Byrne, Head of Public Affairs and Communications, Euronext Dublin

Ailish Byrne

+353 1 6174266