Positive mood in markets

SHARES in Dublin ended the day higher mirroring trends across Europe. The ISEQ index closed up 6.37 points to 6506.54.

The financials were mixed with leading bank AIB giving up 24c to €17.80 with over 32 million shares changing hands, as it entered the EuroStoxx 50 index yesterday. Bank of Ireland continued to climb, up 18c to €13.23. Anglo-Irish slipped back 9c to €10.05 while Irish Life & Permanent gained €20c.

Independent News & Media was unchanged at €2.57 after issuing its trading statement, although any prospect of an earnings upgrade has been postponed until it reports first-half earnings in September.