Market recovers earlier losses

The ISEQ index recovered yesterday from recent losses. At the closing bell the Dublin Exchange had climbed 29.64 points to 7975.80.

In construction, market leader CRH jumped 20c to €28.40 following positive data released by the American Institute of Architects which shows that the National Billings Index (the leading indicator of non-residential construction sector) was positive for the 17th consecutive month in February.

Elan rebounded following Wednesday’s dramatic fall. Shares climbed 25c to €11.45. C&C Group dropped just 1c to €5.42 after the British budget made no changes to cider duty. Independent News & Media dipped 2c to €2.58 while FBD jumped 40c to €39.50.