Significant advance by banks
The financial sector’s two leading banks, Allied Irish Bank and Bank of Ireland, advanced significantly. Bank of Ireland rose 55c to €11.40 ahead of its first-half earnings report on Thursday. Allied Irish Bank gained 18c to €14.05. Other financials to end the day in positive territory were Irish Life & Permanent, adding 5c to €12.20, and IFG gaining a cent to 56c. Anglo Irish remained unchanged at €6.55. The Financial Index of shares closed 213.07 points higher to 8884.47 points.
Riverdeep Group Plc, the Dublin-based maker of educational software, said yesterday that CEO Barry O’Callaghan may offer to buy out the company. Riverdeep Group Plc fell 12c to €1.20.
