ISEQ slips back in late trading

THE ISEQ slipped 6.84 points to 5445.67 in late trading yesterday.

In the banks, AIB struggled against an onslaught of profit taking to shed 3c to €12.48. Bank of Ireland were also hindered by this. Shares dropped to €10.71, 6c weaker with nearly 3 million shares traded. By contrast, Irish Life & Permanent showed strength following last week's robust trading statement and was up 8c to €12.38.

Irish drug maker Elan continued its rally, up 11c at €20.59. Budget Carrier Ryanair lost 1c to €4.69.