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Strong year for the ISE as index beats major markets

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In Dublin, the ISEQ Overall Index slid 46.07 points, or 0.68pc, to 5,975.1 points.

In Dublin, the ISEQ Overall Index slid 46.07 points, or 0.68pc, to 5,975.1 points.

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In Dublin, the ISEQ Overall Index slid 46.07 points, or 0.68pc, to 5,975.1 points.

THE Irish Stock Exchange (ISE) was one of the top-performing markets in Europe this year, doing better than some of the major stock markets.

Figures released by Reuters show that the Dublin market enjoyed a 33.5pc gain since the start of the year, surging for a second consecutive year.

It was followed by the Finnish market, which rose 28.7pc, and the Greek stock market which increased 27.9pc.

Germany's DAX equity index, which rose to record highs in 2013, also outperformed other major European stock markets in terms of percentage returns.

The DAX rose by around 26pc, and was only beaten by the smaller, less liquid stock exchanges such as the Dublin index.

Britain's FTSE 100 -- which closes for 2013 today -- has risen by around 14pc, while France's CAC has advanced by 17pc.

The Dublin market opens for a half-day today, closing at 1.15pm. It will reopen again on Thursday.

Irish Independent