Financials mixed in light trading

VOLUMES on the Irish market were light yesterday. The ISEQ index closed 11.53 points lower at 4186.99.

The main mover was Arnotts which jumped 7.8% to €13.75 following the news that the board of the company have received an indicative offer worth €14.2625c per share from a consortium led by Mr Richard Nesbitt.

The financials were mixed. Allied Irish Bank fell 19c to €13.53 and Irish Life & Permanent lost 10c to €10.40. However First Active rose 10c to €5.45 and Bank of Ireland added 4c to €10.99.