The Irish Stock Exchange enjoyed a reasonable start to the week’s trading today, climbing almost 2.5% in value.
The ISEQ index was up 67.50 points to 2.787.88 by mid-morning.
The financials did well overall. Allied Irish Banks was up an impressive 24c to €3.36, with Irish Life And Permanent jumping 22c to €3.69. Anglo Irish Bank dropped below the €2 level however, down 9c to €1.99. Bank of Ireland also inched down 2c to €1.90.
The construction sector continued its minor resurgence, with CRH up 52c to €14.56. Kingspan also performed well, climbing 18c to €4.93.
After some difficult trading recently, Paddy Power soared 55c to €10.15. Icon was up 50c to €22, with DCC climbing 18c to €11.81.
The news was not as good for FBD however, which slumped €1 to €11. Tullow Oil was the other significant fall, sliding 10c to €6.40.