Market continues upward trend

THE ISEQ continued its positive mood this week closing on a year high, of 4629.20 points.

On a bullish day for the financials, Irish Life and Permanent continued its recent surge gaining 4.5%, closing at 11.60. Heavy trading in Bank of Ireland saw the share price rise 4c to 10.59 while Allied Irish Bank and Anglo Irish Bank also closed the day on an upbeat note.

Similarly, Kerry Group and Greencore had a positive day, finishing higher at 15.20 and 2.85 respectively. In construction, Grafton gained 5c. Kingspan added 15c to 3.30 while CRH advanced to 16.38. Elan continued to advance, closing 10c stronger at 5.40.