Ryanair shares fall to 12-month low

WHILE most European bourses closed stronger yesterday, the ISEQ index fell for a fifth consecutive day, finishing 5.56 points lower at 5626.92.

Budget carrier Ryanair fell to a new 12 month low, as crude oil prices continue to rise. The stock traded as low as €3.95 during the day, but leveled off at €4.01, 6c lighter.

Allied Irish Bank was steady at €13.50, while Anglo-Irish wiped 18c off Monday's close to finish at €14.85. Bank of Ireland closed stronger at €11.02.