Late rally spurs market

THE ISEQ index continued from Thursday’s gains as the exchange rallied in the afternoon. The Dublin Market closed 59.31 points higher at 8066.10.

In the Financial sector, AIB jumped 18c to close at €19.70 while Bank of Ireland also gained up 7c to €15.35. Anglo Irish rose 28c to €13.58 with 3.7 million shares traded. Irish Life & Permanent was unchanged at €19.70.

Construction giant CRH moved 30c ahead to €28.80 as newsflow from competitors in the US continues to show increasing profit boding well for CRH’s US operations. Grafton also strengthened by 24c to €10.83.

Elsewhere, Fyffes announced a joint venture with Indian fruit agency Suri, the share price lost 2c, falling to €2.22. Ryanair added 6c to €7.76. Elan closed 15c lighter at €11.90 on light trading volumes.