Market falls amid Greek uncertainty

Thursday, February 09, 2012

The ISEQ index fell 17.25 points to 3,106.85 yesterday amid uncertainty over the Greek bailout deal.

Greek party leaders gathered yesterday to agree a reform deal in return for a new EU/IMF rescue to avoid default, after repeated delays which have prompted warnings that the euro can live without Athens.

In the financial sector, Bank of Ireland shed 0.1c to 14.4c. AIB increased 2.5c to 11.9c. Irish Life & Permanent dropped 0.1c to 5.3c, while insurance group FBD Holdings added 6c to €7.40.

In the construction sector, CRH weakened 33.5c to €15.39. Grafton Group fell 3c to €2.72, while Kingspan retreated 7.6c to €7.27.

This story appeared in the printed version of the Irish Examiner Thursday, February 09, 2012