Iseq Soars in 2024: Malin, Housebuilders and AIB Lead the Charge

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Iseq Soars in 2024: Malin, Housebuilders and AIB Lead the Charge
IseqStock MarketMalin
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Ireland's Iseq stock market index has outperformed major European and London indices in 2024, with notable gains seen in healthcare, real estate, and financial sectors.

The Iseq , Ireland 's main stock market index, has seen strong gains in 2024, outperforming major European and London indices. While lagging behind the US S&P 500's surge, the Iseq has experienced significant growth. Malin , a healthcare investment firm, has seen its share price double after its stake in Poseida was acquired by Roche for up to $1.5 billion. Housebuilders Cairn Homes and Glenveagh Properties have also performed well, driven by high demand for new homes.

FD Technologies, following a restructuring that included the sale of its First Derivatives division, has seen a 54 percent increase in its share price. AIB, Ireland's largest bank, has benefited from rising interest rates and the Government's share sale, resulting in a 34.4 percent gain.

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Iseq Stock Market Malin Poseida Roche Housebuilders Cairn Homes Glenveagh Properties FD Technologies AIB Healthcare Real Estate Finance Ireland

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