ISEQ closes 16.43 points higher

ON a day when the ECB reduced interest rates

The financial shares had a mixed day with noteworthy movers including Allied Irish Bank rebounding above the 12.00 mark and Irish Life & Permanent falling 1.68% to 8.80. Elsewhere, Galen Holdings, trading in high volumes, gained 10.11% to 4.90.

Irish pharmaceuticals Elan and United Drug added 4.36% and 1.2% respectively.