Iseq shows welcome signs of life

While investor reservations about Irish stocks linger, the market, and food stocks in particular, have caught the eyes of fund managers, writes Samantha McCaughren.

11th August, 2012
Stan McCarthy, chief executive, Kerry Group, and Brian Mehigan, its chief financial officer. Photo: Fennells

Irish shares have taken a hammering over the past four years, with many investors having a continued aversion to anything linked to this economy. However, the Irish Stock Exchange has enjoyed a good year to date, and is up by 12 per cent so far.

Traders say that, while reservations about Irish stocks still linger, investors have been playing closer attention to the market; the food stocks, in particular, are catching the eye of fund managers.

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