Market continues to lag

The Irish Index continued in negative territory yesterday. The Dublin exchange closed down 55.86 to 7,595.57.

The financial stocks ended the day 100.55 points lighter. Market heavyweight AIB was unchanged at €19.55. Bank of Ireland dropped 8c to €14.15. Anglo Irish was 15c lower at €11.36. Irish Life and Permanent fell 55c to €18.90.

Construction giant CRH weakened by 24c to €25.37 despite its US subsidiary Oldcastle Glass completing a purchase of Antamex International. Grafton Group and Kingspan were 10c and 19c lower at €10.20 and €13.45.

Readymix added 2c following better-than-expected results. Ryanair failed to recover ground yesterday falling 20c to €7.24 after terrorist threats in Britain on Thursday.

Trinity Biotech was 10c stronger after releasing a solid set of second quarter results during the week. The medical equipment company finished up at €1.60.