Another good day for banking sector

THE Dublin market mirrored the positive trend set by the major Europeans with the ISEQ index 3.74 points higher at 4801.37.

In the financial sector Irish Life and Permanent gained 15c to €12.00 while Anglo Irish Bank continued its upward momentum climbing 15c to €12.35. Since the start of the year shares in Anglo Irish Bank have risen by 82%. Both Allied Irish Bank and Bank of Ireland added 2c to close at €12.30 and €10.63 respectively.

Elsewhere nearly seven million shares were traded in Independent News & Media, with the stock advancing 4c to €2.06. Datalex dropped 3c to 57c.