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 Home » Breaking News » Business » ISEQ dips in the morning


 

ISEQ dips in the morning
28/03/2008 - 11:35:53

The ISEQ index of Irish shares was down this morning, falling 61.79 points to 6,186.12.

Aminex remained unchanged at €0.31 following revealing a drop in profits for 2007. Net loss for the company was US$3.27m (€2m) for 2007.

In more positive news the company revealed: New funds of US$29.3m (€18.6m) - before transaction charges - raised to finance exploration, significant discovery in Tanzania since the year and successful US drilling and material upgrade of US reserves.

The financial institutions had a bad start to the day. AIB was down €0.18 to €13.32 while Anglo fell €0.13 to €8.75.



IL&P also slipped €0.36 to €12.44 and BoI was down €0.07 to €9.69.

Net loss for the company was US$3.27m (€2m) for 2007.

Independent News & Media today announced that all the South African Regulatory approvals for INM’s acquisition of Clear Channel Outdoor’s 50% interest in Clear Channel Independent have been received and the acquisition has been finalised. On foot of the announcement the company moved into positive territory with a €0.07 increase to €1.91.

           






 
© Thomas Crosbie Media. 2008.