Good day in all accounts for banks

THE ISEQ finished in positive territory for the second day running as the financials pushed ahead. The Exchange was 29.73 points stronger at 7635.59.

A good day in all accounts for the banks saw AIB climb 11c to €18.80, while rival Bank of Ireland jumped 68c to €14.16, correcting a technical adjustment on the previous day attributed to MSCI rebalancing. Anglo Irish moved 6c higher to €12.21 with Irish Life & Permanent following the sector trend, up 5c to €18.85.

Construction giant CRH lost ground on the back of increasing oil prices and fears emanating for the US. Kingspan fell 31c to €13.65 and Grafton gained 1c to close at €10.31. Elsewhere, C&C Group continued its good run strengthening by 15c to €6.85. Elan added 10c to €15.00, while Ryanair shed 3c to €6.64.