ISEQ down slightly

ISEQ down slightly

The ISEQ index of Irish shares declined by 17.98 points to 2,854.39 today as Minister for Finance Brian Lenihan delivered a Budget broadly in line with expectations.

The financials all took relatively small hits. Irish Life & Permanent saw an 8c decline to €3.25. Bank of Ireland declined 5c to €1.51, with Allied Irish Banks inching down 2c to €1.39.

Both Paddy Power and Kerry Group lost 30c to finish on €24.61 and €21 respectively.

The construction industry also saw some significant decreases for Grafton Group (down 11c to €2.84) and CRH (down 10c to €17.32).

Irish Continental Group was the other big faller of the day, shedding 15c to €13.25.

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