Market slips for second successive day

THE Irish Market had a second successive day of losses shedding 0.90 points to close at 6063.12.

In the banks, AIB succumbed to some profit-taking dropping 2c to €14.36. Anglo Irish Bank finished 6c down on €15.94. Irish Life & Permanent were also weak on €13.25, off the pace by 20c. In contrast, Bank of Ireland weathered the storm gaining 12c to €11.73.

Elsewhere, banana producer Fyffes had a good day nudging 6c to €2.02, with reports of the price of bananas increasing in Europe, also on top of good Q3 results. Food Group Kerry were in positive territory advancing to €18.20, 10c to the good.