Market stays on upward trend

Another positive day for the ISEQ index yesterday despite the financials closing weaker. The Dublin market closed up 18.08 points at 6727.87.

AIB slipped back 5c to €17.25, while Bank of Ireland fell 3c to €12.76. In the second line, Anglo Irish dipped 5c to €11.34 with Irish Life and Permanent down 7c to €15.43.

CRH added 9c to move up to €22.14 on the back of 1.06 million shares exchanging hands, Grafton also gained up 11c to €8.62. Kingspan lost ground, down 10c to €10.07.

Elsewhere, Swisscom confirmed in a brief note that they have entered into talks with Eircom over a possible takeover. Eircom shares lost 1c to €2.31. C&C strengthened by 4c to €5.25 with 7.6 million shares dealt.