Fall for ISEQ

Fall for ISEQ

There was widespread profit-taking as the Irish Stock Exchange’s week closed out today, with the ISEQ index down 14.71 points to 3,454.78.

All of banks lost, with Irish Life and Permanent the worst hit, falling 60c to €5.25. Bank of Ireland was down 13c to €3.25. Allied Irish Banks shed 7c to €3.30.

The construction sector saw CRH posting an impressive gain, up 95c to €20.70, which offset many of the losses elsewhere and kept the overall index from slipping further into the red. Kingspan lost 10c to €6.90, however.

The only other gain of significance came for C&C, which enjoyed a 14c jump to €3.20.

Tullow Oil took a hefty €1.10 hit to fall to €12.90, the biggest drop of the day. Irish Continental Group has also had better days, falling 75c to €11.10.

Other declines included Elan (down 40c to €4.85), FBD (down 24c to €7.89), DCC (down 20c to €18.20) and Ryanair (down 17c to €3.42).

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