Encouraging jump for ISEQ

The ISEQ index of Irish shares was up more than 1.5% today, rising 37.34 points to 2,310.53.

There was mixed news in the financial sector however. Both Allied Irish Banks and Bank of Ireland both lost 7c to finish on €1.21 and 90c respectively. By contrast, Irish Life and Permanent was up 15c to €1.80.

The rest of the Exchange enjoyed many significant gains, with the food and drink sector leading the way. Kerry Group enjoyed a 47c to €14.27. Glanbia was up 15c to €2.55, with Donegal Creameries gaining 12c to €1.62.

Tullow Oil (up 41c to €8.70) was another big mover, along with CRH (up 28c to €16.28), Elan (up 15c to €4.25) and Dragon Oil (up 10c to €2.55).

The only loss of note came for DCC, which fell 12c to €11.88.

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