Market Buoyant Due to Íslandsbanki Share Offering

The sale of the state's remaining stake in Íslandsbanki has caused an injection into the stock market in recent days and led to unusually high trading volumes, according to Magnús Harðarson, CEO of the Icelandic Stock Exchange. "This has a direct impact on trading now, for example, today there have been almost 900 transactions with over 4 billion with Íslandsbanki. This is an unusual trading volume, the average trading volume in the market is ar…