Thursday, October 29, 2009

Interesting Stats from Ireland

The Irish stock exchange was asked by afriend how things have been gouing since the Yes vote.

The answer back from the ISEQ was as follows.
02/10/09 3,230.82
28/10/09 2,859.05
Difference = -11.5%
Yes to jobs, Yes to investment indeed.

According to the Irish Times,
Investors decided it was “get out of Ireland day”, according to one Dublin-based share dealer.
Overall, the Iseq index closed down 6.5 per cent, worse than the performances of other European stock markets on a weak day.
“We haven’t had a day as bad as this since the Lehman Brothers collapse last year,” one dealer said.

Oh deary me.

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