Financials lead market decline

THE ISEQ Index closed in negative territory on the back of the financials yesterday. The exchange weakened by 35.46 points to 7922.36.

AIB dropped 27c to €19.01. Bank of Ireland also was a loser on the day, down 25c to €15. In the second line, Anglo Irish fell 15c to €13.54 while Irish Life and Permanent crossed the line at €18.

There were mixed results in the construction sector, CRH rose a further 67c to 28.82. Despite figures from the National Association of Home Builders in the US showing a confidence decline. Kingspan Group gained 8c and ended at €12.28. Grafton Group was 13c weaker.

Other main movers included C&C Group down 8c to €5.45. Greencore Group gave up 12c following the decision to close its Irish sugar operation. The expected cost of the closure is €168m. Elan ended the day in negative territory at €12.22.

More in this section

Price info

Subscribe to unlock unlimited digital access.
Cancel anytime.

Terms and conditions apply

The Business Hub

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up

Our Covid-free newsletter brings together some of the best bits from, as chosen by our editor, direct to your inbox every Monday.

Sign up