The Irish Stock Exchange endured another day of turmoil today, as the value of Irish shares slumped by almost 3%.
The ISEQ index was down 128.14 points to finish on 4,372.16.
The financials all saw falls, with Allied Irish Banks the worst hit, losing 5% of its value to finish 45c down at €8.55. Anglo Irish Bank was another heavy faller, losing 34c to €6.11. Bank of Ireland (down 12c to €5.96) and Irish Life And Permanent (down 7c to €6.18) did relatively well in the circumstances.
It was not all gloom on the Exchange, however. Irish Continental Group had one of its best days, shooting up 69c to €15.95. Tullow gained 20c to €9.35 and Dragon Oil was up 16c to €3.70.
In the food and drink sector, Donegal Creameries jumped 35c to €5.80. That’s where the gains ended however, as the rest of the food and drink sector saw widespread gains. Kerry Group dived €1.40 to €18.60. Iaws (down 25c to €14.90), C&C (down 16c to €2.75) and Glanbia (down 11c to €4.45) have all had better days.
Elsewhere, Paddy Power (down 80c to €17.70), CRH (down 42c to €16.99) and DCC (down 75c to €15.35) were some of the bigger casualties in a day of gloom for the Exchange.
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The Irish Stock Exchange endured another day of turmoil today, as the value of Irish shares slumped by almost 3%.
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