Dublin follows European upward trend

FRIDAY the 13th saw the Dublin market edge slightly upward, mirroring many of it European counterparts. The ISEQ index moved on 29.18 points to 2980.06 having dropped below the 3000 point mark earlier in the week.

The financial sector acted as a microcosm of the overall market with AIB and Bank of Ireland just about staying in the black by adding 1.1c and 1.3c respectively to close out the week at 1.931 and 1.878. Irish Life and Permanent dragged the sector down by shedding 8.5c to 4.645.

The construction sector fared better with CRH tacking on 12.4c to finish at 17.32. Kingspan and Grafton Group followed suit, increasing 4.5c and 3.5c to 5.445 and 3.385.