Falls and rises as ISEQ finishes down slightly 17/10/2008 - 18:17:37
There was some stabilisation in the financial sector of the Irish Stock Exchange today, although it still slipped into the red.
After close of business, the ISEQ index was down 7.45 points to 2,720.38 today.
Irish Life And Permanent was the star performer in the beleaguered financial sector, shooting up 63c to €3.47. Allied Irish Banks and Bank of Ireland both enjoyed a modest 7c rise to €3.12 and €1.92 respectively. Anglo Irish Bank inched up 2c to €2.09.
The Exchange was a picture of contrasts today. There were some encouraging gains, including Dragon Oil, which gained 40c to €1.95. Elan climbed 24c to €6.58, and Ryanair recovered 22c to €2.27. DCC enjoyed a small 12c jump to €11.62.
The construction sector was the victim of most of the pessimism from brokers once again. CRH slumped 86c to €14.04, the worst fall of the day. Kingspan also suffered, losing 25c to €4.75, with Grafton down 14c to €2.16.
In the food and drink sector, Donegal Creameries sunk 55c to €4.50, with Kerry Group down 10c to €17.
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There was some stabilisation in the financial sector of the Irish Stock Exchange today, although it still slipped into the red.
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