Market declines on ongoing doubt

THE ISEQ index finished 36.43 points weaker at 2,479.56 yesterday.

Anglo Irish reported full-year results showing a fall of 37% in profits compared to the previous year and as it set aside half a billion euro for bad debt. The share closed down 27c at 67c.

The other financials also fell back. AIB fell 14c to €2.19, Bank of Ireland lost 18c to €1.09, while Irish Life &Permanent weakened 19c to €1.44.

In the construction sector, CRH declined 4c to €17.20, Kingspan added 4c to €3.18 while Grafton decreased 7c to €2.14. In other news, Ryanair jumped 14c to €2.90 with passenger numbers up 11% during November with the airline carrying 4.32 million customers compared to 3.89 million in the same month last year. Aer Lingus lost some of its recent gains closing down 2c to €1.30.