Debt auctions help ease concerns

The ISEQ index improved a further 15.90 points to 2,750.10. Irish, Greek and Spanish government debt auctions saw good demand, which helped eased concerns about whether the eurozone’s highly indebted countries can obtain the funding they need.

In the financial sector, Bank of Ireland moved up 0.1c to 65c. Allied Irish Banks tacked on 2c to 63.3c, while Irish Life & Permanent gave up 5c to 1.56.

In the construction sector, CRH jumped 24c to €13. Kingspan progressed 13.8c to 5.626, while Grafton Group closed up 0.5c at 2.925.