| 12.3°C Dublin

Close

Premium


Irish banks are a rare safe haven amid all this bear market gloom

Jon Ihle


The economy here is on a sound footing despite Ukraine 

Close

AIB shares are up about 13pc year-to-date. Photograph: Aidan Crawley/Bloomberg

AIB shares are up about 13pc year-to-date. Photograph: Aidan Crawley/Bloomberg

AIB shares are up about 13pc year-to-date. Photograph: Aidan Crawley/Bloomberg

This has been a bad year for stocks. The Iseq index of Irish shares is in a bear market, having fallen more than 20pc this year as investors react to persistent inflation, an energy shock and supply chain disruption in the global economy.

And Ireland is not alone. The S&P 500, the world’s bellwether stock index, is also in a bear market amid increasing economic uncertainty in the US.


Most Watched





Privacy