ISEQ 20

The ISEQ 20 is a benchmark stock market index composed of companies that trade on the Irish Stock Exchange. The index comprises the 20 companies with the highest trading volume and market capitalization contained within the ISEQ Overall Index.[1] The index was started on 31 December 2004 at a base of 1,000 points.[1] The Irish Overall Index has a longer history and is more often used for comparing the performance of the Irish stocks for a longer period.[2]

Due to the "Celtic Tiger" economy the index rose to just over 1500 points in April 2007, before declining sharply in the 2008–2010 Irish financial crisis to under 300 points, since when it has recovered slightly.[3]

Since 2005 the ISEQ 20 index is covered by an ETF contract; other ETFs are also listed on the ISE.[4][5]

Constituents

The constituents and weightings of the 20 companies in the ISEQ 20.

Date 2 January 2007[6] 19 October 2009 5 November 2010[7] 16 December 2011[8]
1 Allied Irish Banks 16.69% Allied Irish Banks 7.3% Allied Irish Banks 0.74% Aer Lingus Group 0.41%
2 Anglo Irish Bank 9.12% Aryzta 6.3% Aryzta 7.48% Aryzta 8.25%
3 Bank of Ireland 12.73% Bank of Ireland 8.0% Bank of Ireland 4.39% Bank of Ireland 3.81%
4 CRH 16.94% CRH 20.1% CRH 21.34% CRH 20.86%
5 C&C Group 1.8% C&C Group 2.6% C&C Group 3.37% C&C Group 2.55%
6 DCC 1.91% DCC 4.5% DCC 5.54% DCC 4.37%
7 Élan Corporation 9.58% Dragon Oil 3.5% Dragon Oil 4.02% Dragon Oil 3.86%
8 FBD Holdings 0.61% Élan Corporation 6.5% Élan Corporation 5.85% Élan Corporation 12.30%
9 Grafton Group 1.87% FBD Holdings 0.5% Glanbia 1.48% Glanbia 1.66%
10 Greencore 0.84% Glanbia 1.2% Grafton Group 1.99% Grafton Group 1.33%
11 IAWS Group 2.57% Grafton Group 2.3% Greencore 0.7% Greencore 0.70%
12 Independent News & Media 1.38% Greencore 0.7% Icon plc 2.44% Independent News & Media 0.21%
13 Irish Life and Permanent 4.88% Independent News & Media 0.3% Independent News & Media 0.59% Irish Continental Group 0.65%
14 Kerry Group 3.29% Irish Life and Permanent 4.8% Irish Life and Permanent 0.9% Kenmare Resources 3.29%
15 Kingspan Group 2.40% Kerry Group 8.1% Kerry Group 11.18% Kerry Group 10.75%
16 McInerney Holdings 0.3% Kingspan Group 2.3% Kingspan Group 2.26% Kingspan Group 2.17%
17 Paddy Power 1.3% Paddy Power 2.9% Paddy Power 3.77% Paddy Power 4.73%
18 Ryanair 9.33% Ryanair 14.6% Ryanair 17.44% Ryanair 14.90%
19 Smurfit Kappa 1.49% Smurfit Kappa 2.2% Smurfit Kappa 2.84% Smurfit Kappa 1.85%
20 United Drug 0.97% United Drug 1.6% United Drug 1.68% United Drug 1.35%

References

  1. ^ a b "ISEQ 20 Index". Irish Stock Exchange. http://www.ise.ie/index.asp?locID=412&docID=-1. Retrieved 2007-10-29. 
  2. ^ A closer look at a decade performance, AmsterdamTrader.com, January 9, 2009
  3. ^ "ISEQ-20 price chart". Yahoo! Finance. http://uk.finance.yahoo.com/q/bc?s=^IETP&t=my&l=on&z=l&q=l&c=. Retrieved 2010-11-22. 
  4. ^ http://www.ise.ie/app/etfEtcList.asp
  5. ^ http://www.irishtimes.com/business/markets/sharesdetail/B03TF64.html?range=3m
  6. ^ http://web.archive.org/web/20071119105935/http://www.ise.ie/app/etflist.asp?type=PRICE Retrieved 7 November 2010
  7. ^ http://www.ise.ie/app/etflist.asp?type=MARKCAP Retrieved 5 November 2010
  8. ^ http://www.ise.ie/Prices,-Indices-Stats/ETF-Market-Data/ISEQ%C2%AE-20-Weightings/

External links