Market maintains upward trend

THE ISEQ Index remained in the black yesterday. The Dublin exchange increased 3.66 to 8,539.69.

The banking sector was 40.46 lower. AIB dropped 10c to €21.15. Bank of Ireland declined 5c to €15.50. Anglo was down 3c at €13.89. Irish Life and Permanent bucked the trend finishing up 22c at €19.17.

Elan was 12c lower at €11.98 following worse-than- expected third quarter results. CPL Resources jumped 50c to €5.40 after a positive AGM. Ryanair dipped 4c to €8.86 amid speculation that the proposed takeover of Aer Lingus may fail.