Post-holiday trading is negative

THE ISEQ plunged back into negative territory after the bank holiday weekend closing down 375.87 points to 7,303.15.

All of the banking stocks were in the red. An interest rate announcement is expected tomorrow from the European Central Bank. AIB was 95c weaker at €17.90. Bank of Ireland shed 52c to €13.63. Irish Life and Permanent and Anglo Irish were down €18.40 and €11.45.

Construction giant CRH lost 1.40 to €24.50. They failed to secure the acquisition of Uniland in Spain as FCC the Spanish construction company acquired a 51% stake. Grafton Group fell back 38c to €10.15.