The ISEQ index of Irish shares closed in the red today, down 48.14 points to 7928.3.
Food group Kerry saw a fall in share price by the close of trading, down 9c to €18.56. The group today reported pre-tax profits of just under €298m for last year, up from €268.6m in 2004, as sales grew by 7% to €4.4bn.
Some mid-sized gains helped to stem the slide on the exchange today. Financial services company FBD Holdings rose 15c to €40.68 while Donegal Creameries was up 11c to €4.30. Bookies Paddy Power saw a 10c rise to €13.30.
However, these gains were off-set by losses among some of the heavy-hitters. AIB fell 17c to €13.75, while Bank of Ireland was down 6c to €14.95. Anglo Irish Bank wad down 14c to €13.75. Irish Life and Permanent rose 9c to €18.49.