Financial stocks lead the decline

SHARES in Dublin mirrored declines made across Europe yesterday. After rising for four consecutive days, the ISEQ index ended the week in the red, closing 54.62 points weaker at 5681.89.

The financial stocks led the decline, the sector slipping 131.02 points overall. Allied Irish Bank eased 18c to €13.65, while Bank of Ireland shed 11c to €10.75. Anglo Irish Bank saw 20c wiped off its share price and closed at €14.90, while Irish Life & Permanent slipped to €13.20.

Ryanair finished 10c stronger at €4.09, while Elan dipped 8c to finish at €20.20. Kerry Group dipped 25c to €17.60.