ISEQ soars by 3%

ISEQ soars by 3%

The value of Irish shares grew by more than 3% today, as the ISEQ index finished up 85.30 points on 2,913.29.

The financials all gained ground. Irish Life and Permanent led the way, climbing 11c to €1.59. Allied Irish Banks (up 8c to 94c) and Bank of Ireland (up 8c to 94c) also did well.

The construction sector also blossomed. CRH enjoyed a huge 60c jump to €17.12. Grafton improved 19c to €3.24 and Kingspan was 16c better off on €6.27.

In the energy sector, both Dragon Oil and Providence Resources gained 13c to finish on €5.04 and €2.08 respectively.

The food sector also shone, with Kerry Group soaring 65c to €23.45. Glanbia grew 17c to €3.16.

Other significant gainers included Paddy Power (up 45c to €25.45), DCC (up 37c to €18.18), Smurfit Kappa (up 18c to €6.95) and Elan (up 15c to €3.86).

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