Market bounces back after reverse

THE ISEQ Index returned to the black yesterday following Friday’s decline. The exchange finished the up 21.95 at 9,322.38.

AIB rose 20c to €22.30 with 1.25 million shares traded. Bank of Ireland shed 13c to €17.52, Anglo-Irish gained €15.98 while Irish Life & Permanent dropped 5c to €20.85.

Drinks firm C&C continued its recent downward trend falling 46c to €11.14 while Paddy Power jumped 30c to €16.90. Iona Tech fell 12c to €4.14 despite a surge in profits resulting from increasing sales of its Artix product.