ISEQ holding up

The ISEQ index of Irish shares remained in positive territory during early trading this morning, up 11.30 to 2,321.83 by 11.30am despite banking shares remaining unsettled amid the continuing debate over government plans to buy bad debts.

Banking stocks topped the fallers' board, with AIB shedding 11c to 1.10 and Bank of Ireland down 8c to 0.82. Irish Life & Permanent however bucked the trend, cheering 5c to 1.85.

Elsewhere Kerry Group climbed 12c to 14.39; Glanbia cheered 8c to 2.66; Kingspan was up 10c to 3.41; and Ryanair gained 4c to 3.00.

Elan Corp and CRH both gained 8c, to 4.33 and 16.36 respectively.

Other majors on a downward curve included Aer Lingus, down 3c to 0.70, and Smurfit Kappa, slipping 2c to 1.46.

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