Market continues to slide

LAST week shares in Dublin fell by over 100 points as profit taking occurred on the back of a busy week for interim results.

This decline continued yesterday, with the exchange losing a further 42.95 points to greet the final bell at 7923.63.

The financial sector was heaviest hit, leaking 156.39 points overall.

The construction sector provided little solace. CRH remained unchanged at €26.55. Grafton Group was slightly in the red at €10.74. However, Kingspan Group gained 5c to end the day at €15.25.

Elsewhere, C&C lost 9c to finish at €10.40 and Ryanair followed the general trend, losing 3c to €7.70.

On a positive note, Elan and Kerry group added 38c and 10c to close at €12.60 and €17.10 respectively. Fyffes gained 3c to end up at €1.66, after announcing it is to further demerge its tropical fruits arm.

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