Property slowdown hits market

THE Dublin Exchange shed ground yesterday amid concerns in the market over a noticeable slowdown in property, particularly secondhand house sales.

The ISEQ index closed out the week down 29.50 at 8,501.66.

AIB shipped 13c to €21.13 while Bank of Ireland fell 23c to €15.45. Anglo-Irish and Irish Life & Permanent also dropped 9c and 5c to finish at €13.90 and €19.15.

Elsewhere, Ryanair surged 16c to €8.71. C&C continued its recent progress adding 18c to finish at €12.29. Elan added 10c to wrap up the week at €12.35.