ISEQ losses continue

The Irish Stock Exchange continued its downward trend today, dropping 33.92 points to 5,196.92 by mid-morning.

The financials all lost ground. Irish Life And Permanent was the biggest faller, down 17c to €7.79. Anglo Irish Bank fell 1c to €6.39. Allied Irish Banks and Bank of Ireland both shed 9c to €9.41 and €5.81 respectively.

The biggest loss so far came for Paddy Power, which slumped 30c to €20.60. Elan was down 20c to €22.00.

The food and drink sector saw some mixed results. Kerry Group endured a 26c tumble to €18.73, and C&C fell 11c to €3.81. Iaws managed to jump 19c to €15.29 however.

The only other gain of significance came for construction firm CRH (up 38c to €17.53).

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