You are viewing the content for Wednesday 22 February 2006

Stocks maintain advance

THE ISEQ index continued its upward momentum again yesterday as Eircom and Kerry drove the market. The exchange closed 6.05 points up at 7792.98.

AIB added 10c to €19.68 as the market awaits its end-of-year results today. Bank of Ireland shed 2c to €14.86 while Anglo Irish gained 9c to €13.09. IL&P also ended the day in positive territory up 14c to €17.99.

Eircom said it received a preliminary approach from Australian Investment Bank Babcock & Brown. Shares crept ahead 4c to €2.20.