Financials perform poorly
The financial sector performed very poorly. Allied Irish Bank lost 53c to €12.55 and Bank of Ireland fell 27c to €9.58. Other financials to suffer included Anglo Irish, down 30c to €6.50, Irish Life & Permanent falling 21c to €10.29 and First Active declining 10c to €5.70. IFG was unchanged at 45c. The financial index of shares closed 267.34 points lower at 7841.45.
Ryanair, Europe's no.1 low fares airline, delivered record Q3 2002 figures, reporting a 50% improvement in profits. Ryanair closed down 47c to €6.30 yesterday after gaining 16% in the previous five sessions.
