ISEQ back to negative territory 25/07/2008 - 17:47:42
The ISEQ index fell today after yesterday’s resurgence, with the ISEQ index finishing 80.48 points to 4,876.15.
The financials all lost ground, with Anglo Irish Bank the worst hit – losing 54c to €6.04. Allied Irish Bank and Bank of Ireland both lost 30c to finish on €8.20 and €5.60 respectively. Irish Life & Permanent suffered a 28c loss to €5.07.
There was contrasting fortunes in the food and drink sector. Kerry Group climbed 13c to €18, whilst C&C fell 24c to €2.65.
There were some rare gains of significance on the Exchange. Paddy Power jumped 33c to €18.95, with Tullow Oil up 21c to €9.25 after yesterday’s loss.
The news was not as good elsewhere however. Icon fell 1.99 to €51.01, the biggest loss of the day. FBD shed 35c to €14.80, with DCC down 15c to €15.90.
The construction sector had a bad day on the back of a 22% decline in construction output in first quarter. CRH fell 35c to €16.80, with Grafton slipping 21c to €3.50.
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The ISEQ index fell today after yesterday’s resurgence, with the ISEQ index finishing 80.48 points to 4,876.15.
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