Market dithers ahead of key data

THE Dublin market finished another day in negative territory ahead of key releases this week such as the Bank of England’s interest rate decision and non-farm payroll data in the US.

The ISEQ weakened 34.73 to 9,340.57.

AIB fell 61c to €21.59 as M&T, in which it has a 24% stake, announced it has felt a material impact from the sub-prime mortgage market problems. Bank of Ireland dropped 15c despite its British mortgage-lending peer Northern Rock releasing a strong trading update yesterday. Anglo dipped 8c to €15.92 while Irish Life and Permanent was unchanged at €20.55.