Email of the day (2)
Comment of the Day

March 15 2012

Commentary by Eoin Treacy

Email of the day (2)

on the Irish General Index:
“Could you 'fix' the rogue data (looks like decimal point problem) in Irish General Index monthly between 2003 and 2005. Thanks”

Eoin Treacy's view Thank you for pointing out these erratic data points. I alerted Bloomberg to them this morning and they have now been mostly corrected. The Index, which is more heavily weighted with some of the larger and better performing companies broke out of its base in February and continues to extend the advance. A sustained move below the 200-day MA, currently near 3950, would be required to begin to question recovery potential.

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