John Walsh: Future of Irish stock exchange is rosier than it would appear despite major departures

Even as we debate the future of the Irish stock exchange, we should keep our eye on what Brussels is planning

Daryl Bryne, chief executive of Euronext. Euronext Dublin is not the only exchange haemorrhaging companies to the US.Picture: Fergal Phillips

Does it really matter if the Irish stock exchange slides into obscurity? This is a question that is gaining increasing relevancy following the recent high-profile moves by CRH and Flutter to shift their primary listings to the US. The answer is both yes and no.

CRH will delist from the Dublin market next month, and the expectation is that Flutter could pursue a similar strategy. Both companies account for roughly 40 per cent of the ...