Investors return to heavyweights

SHARES in Dublin traded higher for a seventh day in succession. Investors returned to heavyweights Allied Irish Bank and CRH, as the ISEQ Index climbed 8.20 points to 6189.53.

Sector leaders CRH advanced 16c to €19.99 on reports that confidence remains high in the US house building sector. On the day that Britain’s third largest supplier of building materials Travis Perkins agreed to buy Wickets Plc., Grafton Group saw its price jump 43c to €8.25.

Allied Irish Bank returned to form up 12c, while rivals Bank of Ireland slipped 1c to €12.14.

In the food sector, Fyffes and Glanbia firmed to €2.03 and €2.79 respectively, while Greencore bucked the trend, 6c weaker at €2.98. Elan fell 30c to €20.00.