Financials lead market recovery

THE ISEQ Index closed in positive territory yesterday, jumping 132.32 points to 9,544.

The financial stocks were 132 points stronger on the day. AIB advanced 57c ahead to €23.12. Bank of Ireland was 10c better off at €16.80 Anglo Irish increased 13c in share price to €16.25. Irish Life and Permanent surged 70c ahead to €20.40.

Construction giant CRH was yesterday’s winner soaring 73c ahead to €31.75. Grafton Group firmed up 48c to €12.20. Kingspan gained 45c to €19.85 following the British budget’s outlook on stamp duty on purchases of zero-carbon homes and grants towards making homes more energy efficient.