ISEQ bucks positive trend in Europe
The financial stocks were in focus yesterday. Allied Irish Bank slipped 15c to 12.22 following a trading statement in which it forecast low single digit growth in adjusted earnings for the full year 2003. Both Bank of Ireland and Anglo Irish Bank traded ex dividend yesterday. Bank of Ireland fell 9c to 10.52 while Anglo Irish Bank, despite trading ex dividend, advanced 24c to an all-time high of 11.67. Elsewhere Irish Life & Permanent added 5c to 12.05.
In the food sector Kerry Group eased 5c to 14.65 and Greencore lost 4c to 3.02. Over 1,000,000 shares were traded in United Drug with the stock closing 8c lower at 2.37. Meanwhile Elan Corporation finished 11c stronger at 4.72.
