Market continues momentum

THE ISEQ index rose for a second consecutive day yesterday buoyed by strong performances from index heavyweight CRH and fellow buildings and materials company Grafton Group.

Global markets surged after manufacturing in the US and China grew faster than economists estimated. The market closed up 56.87 points at 2,760.73.

In the financial sector, Bank of Ireland shed 1c to 76c.AIB improved 1c to 78c, while Irish Life & Permanent advanced 9.9c to €1.54.