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It makes sense for growing Irish firms to leave for bigger stock exchanges

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Euronext has called for stamp duty to be scrapped on share trading – but it might not be enough to halt the exodus of companies

It’s not as though any more evidence was needed on the ailing health of Ireland’s stock exchange, but it arrived last week.

Goodbody, the stockbrokers owned by AIB, confirmed weeks of speculation when it announced 20 job losses and the restructuring of its investment banking division. That news came just days after Davy, the largest stockbroking firm in the country, and owned by Bank of Ireland, opened a voluntary redundancy programme in its capital ...

 

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