Financials drag ISEQ down

The ISEQ index week ended negatively, dropping 33.80 points to close at 4226.29.

The financials performed poorly, with First Active slipping 10c to €5.20, while Bank of Ireland and Irish Life & Permanent eased 8c to €10.35 and €11.52 respectively. Allied Irish Bank stayed at €13.25 while Anglo Irish Bank rose 15c to €6.83.

Elsewhere, CRH dropped a fourth day in a row, tumbling 75c to €13.60 following a downgrade by a leading analyst.