Market falls as Anglo bailout digested

THE ISEQ fell 14.20 points yesterday to end a difficult week at 2,662 points.

IMF chief Dominique Strauss-Kahn does not expect the euro rescue fund to be activated due to Ireland, according to a press report in a German newspaper yesterday.

In the financial sector, AIB dropped 3.3c to 47.4c. Bank of Ireland added 1.7c to 63.7c while Irish Life & Permanent Group increased 2.4c to €1.41.

In the construction sector, CRH was 14.5c weaker at €11.89. Kingspan jumped 19.1c to €5.75 while Grafton Group continued its good run with a gain of 3.8c to €3.08.

In other news, data from the Revenue Commissioners yesterday showed total revenues in cider from March to August were down 26%.