Market rise mirrors European trend

SHARES in Dublin finished in positive territory mirroring gains in British and European Bourses. The ISEQ added 32.95 points and was 7,956.58 at the closing bell.

Market rise mirrors European trend

Market heavyweight AIB was 18c higher at €19.80 as it announces plans to sell and leaseback its Donnybrook house premises. Bank of Ireland added 16c to €14.61. Anglo Irish and Irish Life and Permanent were in the red, down 3c and 7c to €12.45 and €18.70 respectively.

The construction sector was also mixed on the day. CRH firmed up 10c to €26.65. Grafton Group was 11c stronger at €10.85. Kingspan Group declined 15c to €15.10.

Other main movers included Kerry Group who added 12c to close at €17.22. Ryanair was 10c better off on the day while floatation plans continue for Aer Lingus. The Minister for Transport announced the shares would be valued between €2.10 and €2.70.

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