Financials help market recovery

The ISEQ mustered somewhat of a recovery on Wednesday’s tumble yesterday, rising 67.95 to 9,304.75.

AIB, Anglo-Irish and Irish life and Permanent added 20c, 24c and 5c to €20.50, €15.12 and €18.39 respectively, while Bank of Ireland lost 2c to €14.78.

CRH announced a $190m (€141m) bolt-on acquisition to its US construction products business while competitor Hornbach Baumakt, a large European DIY concern, announced positive quarter sales growth. CRH closed up 23c at €36.50.