Profit-taking hits financials
Profit-taking on the banks was the main instigator of the drop, with Allied Irish Bank 17c off at 13.03, Bank of Ireland down 14c at 10.49 and Irish Life and Permanent closing 15c worse off at 11.70. Anglo Irish Bank was 2c softer at 6.24 while the ISEQ financial index closed 100.14 points lower at 8278.97.
CRH continued to lose ground as results from a US peer returned a fall in third quarter profit. The stock slipped 32c to 13.15. Kingspan was a cent weaker at 1.60 while Grafton was unchanged 3.58.
