ISEQ 20
Encyclopedia
The ISEQ 20 is a benchmark stock market index
composed of companies that trade on the Irish Stock Exchange
. The index comprises the 20 companies with the highest trading volume and market capitalization
contained within the ISEQ Overall Index. The index was started on 31 December 2004 at a base of 1,000 points. The Irish Overall Index has a longer history and is more often used for comparing the performance of the Irish stocks for a longer period.
Due to the "Celtic Tiger
" economy the index rose to just over 1500 points in April 2007, before declining sharply in the 2008–2010 Irish financial crisis to under 300 points, since when it has recovered slightly.
Since 2005 the ISEQ 20 index is covered by an ETF
contract; other ETFs are also listed on the ISE.
Stock market index
A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....
composed of companies that trade on the Irish Stock Exchange
Irish Stock Exchange
-History:The Irish Stock Exchange is Ireland's only stock exchange and has been in existence since 1793. It is an Irish private company limited by guarantee. It was first recognised by legislation in 1799 when the Irish Parliament passed the Stock Exchange Act...
. The index comprises the 20 companies with the highest trading volume and market capitalization
Market capitalization
Market capitalization is a measurement of the value of the ownership interest that shareholders hold in a business enterprise. It is equal to the share price times the number of shares outstanding of a publicly traded company...
contained within the ISEQ Overall Index. The index was started on 31 December 2004 at a base of 1,000 points. The Irish Overall Index has a longer history and is more often used for comparing the performance of the Irish stocks for a longer period.
Due to the "Celtic Tiger
Celtic Tiger
Celtic Tiger is a term used to describe the economy of Ireland during a period of rapid economic growth between 1995 and 2007. The expansion underwent a dramatic reversal from 2008, with GDP contracting by 14% and unemployment levels rising to 14% by 2010...
" economy the index rose to just over 1500 points in April 2007, before declining sharply in the 2008–2010 Irish financial crisis to under 300 points, since when it has recovered slightly.
Since 2005 the ISEQ 20 index is covered by an ETF
Exchange-traded fund
An exchange-traded fund is an investment fund traded on stock exchanges, much like stocks. An ETF holds assets such as stocks, commodities, or bonds, and trades close to its net asset value over the course of the trading day. Most ETFs track an index, such as the S&P 500 or MSCI EAFE...
contract; other ETFs are also listed on the ISE.
Constituents
The constituents and weightings of the 20 companies in the ISEQ 20.| Date | 2 January 2007 | 19 October 2009 | 5 November 2010 |
|---|---|---|---|
| 1 | Allied Irish Banks Allied Irish Banks Allied Irish Banks p.l.c. is a major commercial bank based in Ireland.AIB is one of the so called "big four" commercial banks in the state. The bank has one of the largest branch networks in Ireland; only Bank of Ireland fully rivals it. AIB offers a full range of personal and corporate banking... 16.69% |
Allied Irish Banks Allied Irish Banks Allied Irish Banks p.l.c. is a major commercial bank based in Ireland.AIB is one of the so called "big four" commercial banks in the state. The bank has one of the largest branch networks in Ireland; only Bank of Ireland fully rivals it. AIB offers a full range of personal and corporate banking... 7.3% |
Allied Irish Banks Allied Irish Banks Allied Irish Banks p.l.c. is a major commercial bank based in Ireland.AIB is one of the so called "big four" commercial banks in the state. The bank has one of the largest branch networks in Ireland; only Bank of Ireland fully rivals it. AIB offers a full range of personal and corporate banking... 0.74% |
| 2 | Anglo Irish Bank Anglo Irish Bank Anglo Irish Bank was a bank based in Ireland with its headquarters in Dublin from 1964 to 2011. It went into wind-down mode after nationalisation in 2009.... 9.12% |
Aryzta 6.3% | Aryzta 7.48% |
| 3 | Bank of Ireland Bank of Ireland The Bank of Ireland is a commercial bank operation in Ireland, which is one of the 'Big Four' in both parts of the island.Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Irish banking history... 12.73% |
Bank of Ireland Bank of Ireland The Bank of Ireland is a commercial bank operation in Ireland, which is one of the 'Big Four' in both parts of the island.Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Irish banking history... 8.0% |
Bank of Ireland Bank of Ireland The Bank of Ireland is a commercial bank operation in Ireland, which is one of the 'Big Four' in both parts of the island.Historically the premier banking organisation in Ireland, the Bank occupies a unique position in Irish banking history... 4.39% |
| 4 | CRH CRH plc CRH plc, , is an Irish building material group, formerly called Cement-Roadstone Holdings plc. It is quoted on the Official Lists of the Irish Stock Exchange and London Stock Exchange.-History:... 16.94% |
CRH CRH plc CRH plc, , is an Irish building material group, formerly called Cement-Roadstone Holdings plc. It is quoted on the Official Lists of the Irish Stock Exchange and London Stock Exchange.-History:... 20.1% |
CRH CRH plc CRH plc, , is an Irish building material group, formerly called Cement-Roadstone Holdings plc. It is quoted on the Official Lists of the Irish Stock Exchange and London Stock Exchange.-History:... 21.34% |
| 5 | C&C Group 1.8% | C&C Group 2.6% | C&C Group 3.37% |
| 6 | DCC DCC Plc DCC plc is an Irish diversified investments group and holding company, founded by Jim Flavin in 1976.-Products and services:Among other interests, they own the Emo oil distributor/filling station network... 1.91% |
DCC DCC Plc DCC plc is an Irish diversified investments group and holding company, founded by Jim Flavin in 1976.-Products and services:Among other interests, they own the Emo oil distributor/filling station network... 4.5% |
DCC DCC Plc DCC plc is an Irish diversified investments group and holding company, founded by Jim Flavin in 1976.-Products and services:Among other interests, they own the Emo oil distributor/filling station network... 5.54% |
| 7 | Élan Corporation Élan Élan Corporation plc is a major drugs firm based in Athlone, County Roscommon, Ireland which has major interests in the United States. In the late 1990s its value on the Irish Stock Exchange reached over €20bn. It has secondary listings on the London Stock Exchange and the New York Stock Exchange.... 9.58% |
Dragon Oil 3.5% | Dragon Oil 4.02% |
| 8 | FBD Holdings FBD Holdings FBD Holdings plc is an Irish insurance company. It is quoted on the Irish Stock Exchange and the London Stock Exchange. FBD also has financial service businesses as well as hotel and leisure property interests... 0.61% |
Élan Corporation Élan Élan Corporation plc is a major drugs firm based in Athlone, County Roscommon, Ireland which has major interests in the United States. In the late 1990s its value on the Irish Stock Exchange reached over €20bn. It has secondary listings on the London Stock Exchange and the New York Stock Exchange.... 6.5% |
Élan Corporation Élan Élan Corporation plc is a major drugs firm based in Athlone, County Roscommon, Ireland which has major interests in the United States. In the late 1990s its value on the Irish Stock Exchange reached over €20bn. It has secondary listings on the London Stock Exchange and the New York Stock Exchange.... 5.85% |
| 9 | Grafton Group 1.87% | FBD Holdings FBD Holdings FBD Holdings plc is an Irish insurance company. It is quoted on the Irish Stock Exchange and the London Stock Exchange. FBD also has financial service businesses as well as hotel and leisure property interests... 0.5% |
Glanbia Glanbia Glanbia plc is an international nutritional solutions and cheese group, headquartered in Ireland. Glanbia is listed on the Irish and London Stock Exchange . The Group has four segments; US Cheese & Global Nutritionals, Dairy Ireland, Joint Ventures & Associates and Other Business... 1.48% |
| 10 | Greencore Greencore Greencore Group plc is a food company in Ireland.It was established by the Irish Government in 1991 to take over Irish Sugar, the nationalised sugar production company. 55% of the group was listed on the Irish Stock Exchange that year, over the years additional placements have led to almost 100%... 0.84% |
Glanbia Glanbia Glanbia plc is an international nutritional solutions and cheese group, headquartered in Ireland. Glanbia is listed on the Irish and London Stock Exchange . The Group has four segments; US Cheese & Global Nutritionals, Dairy Ireland, Joint Ventures & Associates and Other Business... 1.2% |
Grafton Group 1.99% |
| 11 | IAWS Group IAWS Group IAWS Group plc was an international food and agribusiness group. The Group had lifestyle food operations in Ireland, the UK, France, the USA, and Canada serving over 50,000 customers... 2.57% |
Grafton Group 2.3% | Greencore Greencore Greencore Group plc is a food company in Ireland.It was established by the Irish Government in 1991 to take over Irish Sugar, the nationalised sugar production company. 55% of the group was listed on the Irish Stock Exchange that year, over the years additional placements have led to almost 100%... 0.7% |
| 12 | Independent News & Media Independent News & Media Independent News & Media plc , is a media organisation based in Dublin, Ireland, with interests in 22 countries on 4 continents worldwide. The company owns over 200 print titles, more than 130 radio stations, over 100 commercial websites and many billboard locations, and is a leading press player... 1.38% |
Greencore Greencore Greencore Group plc is a food company in Ireland.It was established by the Irish Government in 1991 to take over Irish Sugar, the nationalised sugar production company. 55% of the group was listed on the Irish Stock Exchange that year, over the years additional placements have led to almost 100%... 0.7% |
Icon plc 2.44% |
| 13 | Irish Life and Permanent Irish Life and Permanent Irish Life and Permanent, Plc or IL&P is a provider of personal financial services in Ireland. IL&P enjoys limited liability.... 4.88% |
Independent News & Media Independent News & Media Independent News & Media plc , is a media organisation based in Dublin, Ireland, with interests in 22 countries on 4 continents worldwide. The company owns over 200 print titles, more than 130 radio stations, over 100 commercial websites and many billboard locations, and is a leading press player... 0.3% |
Independent News & Media Independent News & Media Independent News & Media plc , is a media organisation based in Dublin, Ireland, with interests in 22 countries on 4 continents worldwide. The company owns over 200 print titles, more than 130 radio stations, over 100 commercial websites and many billboard locations, and is a leading press player... 0.59% |
| 14 | Kerry Group Kerry Group Kerry Group , is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges. It evolved initially from a local dairy co-op in the Munster region of Ireland... 3.29% |
Irish Life and Permanent Irish Life and Permanent Irish Life and Permanent, Plc or IL&P is a provider of personal financial services in Ireland. IL&P enjoys limited liability.... 4.8% |
Irish Life and Permanent Irish Life and Permanent Irish Life and Permanent, Plc or IL&P is a provider of personal financial services in Ireland. IL&P enjoys limited liability.... 0.9% |
| 15 | Kingspan Group Kingspan Group -History:Founded in the 1960s, the company floated on the Irish Stock Exchange in 1989 with a value of IR£20m. It expanded into insulated panels and timber-framed construction via a series of acquisitions, among them Century Homes in 2005 and the European insulation arm of CRH plc in 2010 and has a... 2.40% |
Kerry Group Kerry Group Kerry Group , is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges. It evolved initially from a local dairy co-op in the Munster region of Ireland... 8.1% |
Kerry Group Kerry Group Kerry Group , is a public food company headquartered in Ireland. It is quoted on the Dublin ISEQ and London stock exchanges. It evolved initially from a local dairy co-op in the Munster region of Ireland... 11.18% |
| 16 | McInerney Holdings 0.3% | Kingspan Group Kingspan Group -History:Founded in the 1960s, the company floated on the Irish Stock Exchange in 1989 with a value of IR£20m. It expanded into insulated panels and timber-framed construction via a series of acquisitions, among them Century Homes in 2005 and the European insulation arm of CRH plc in 2010 and has a... 2.3% |
Kingspan Group Kingspan Group -History:Founded in the 1960s, the company floated on the Irish Stock Exchange in 1989 with a value of IR£20m. It expanded into insulated panels and timber-framed construction via a series of acquisitions, among them Century Homes in 2005 and the European insulation arm of CRH plc in 2010 and has a... 2.26% |
| 17 | Paddy Power Paddy Power Paddy Power is Ireland’s largest bookmaker. Offline it conducts business through a chain of licensed betting offices and by operating Ireland's largest telephone betting service. Online it offers sports betting, online poker, online bingo, online casino games and spread betting... 1.3% |
Paddy Power Paddy Power Paddy Power is Ireland’s largest bookmaker. Offline it conducts business through a chain of licensed betting offices and by operating Ireland's largest telephone betting service. Online it offers sports betting, online poker, online bingo, online casino games and spread betting... 2.9% |
Paddy Power Paddy Power Paddy Power is Ireland’s largest bookmaker. Offline it conducts business through a chain of licensed betting offices and by operating Ireland's largest telephone betting service. Online it offers sports betting, online poker, online bingo, online casino games and spread betting... 3.77% |
| 18 | Ryanair Ryanair Ryanair is an Irish low-cost airline. Its head office is at Dublin Airport and its primary operational bases at Dublin Airport and London Stansted Airport.... 9.33% |
Ryanair Ryanair Ryanair is an Irish low-cost airline. Its head office is at Dublin Airport and its primary operational bases at Dublin Airport and London Stansted Airport.... 14.6% |
Ryanair Ryanair Ryanair is an Irish low-cost airline. Its head office is at Dublin Airport and its primary operational bases at Dublin Airport and London Stansted Airport.... 17.44% |
| 19 | Smurfit Kappa Smurfit Kappa Group The Smurfit Kappa Group is Europe's leading corrugated packaging company, following the merger of Jefferson Smurfit Group and Kappa Packaging. This merger was finalized by the end of 2005... 1.49% |
Smurfit Kappa Smurfit Kappa Group The Smurfit Kappa Group is Europe's leading corrugated packaging company, following the merger of Jefferson Smurfit Group and Kappa Packaging. This merger was finalized by the end of 2005... 2.2% |
Smurfit Kappa Smurfit Kappa Group The Smurfit Kappa Group is Europe's leading corrugated packaging company, following the merger of Jefferson Smurfit Group and Kappa Packaging. This merger was finalized by the end of 2005... 2.84% |
| 20 | United Drug United Drug United Drug plc is a provider of services to healthcare manufacturers and pharmaceutical retailers, with operations in Ireland, the United Kingdom, Belgium, The Netherlands and the United States.... 0.97% |
United Drug United Drug United Drug plc is a provider of services to healthcare manufacturers and pharmaceutical retailers, with operations in Ireland, the United Kingdom, Belgium, The Netherlands and the United States.... 1.6% |
United Drug United Drug United Drug plc is a provider of services to healthcare manufacturers and pharmaceutical retailers, with operations in Ireland, the United Kingdom, Belgium, The Netherlands and the United States.... 1.68% |