IEX market capitalisation grows six-fold to €3bn

Since it was set up just over two years ago, the market capitalisation of the Irish Enterprise Exchange (IEX) has increased almost six fold from an initial figure of €536 million.

Since it was set up just over two years ago, the market capitalisation of the Irish Enterprise Exchange (IEX) has increased almost six fold from an initial figure of €536 million.

By the end of last month, its market capitalisation had grown to €3.174 billion.

The index, which launched on April 12, 2005, is specifically designed for small to mid-sized companies.

The IEX has grown from an initial membership of eight listed companies ...