Market records marginal decline

THE ISEQ index fell 10.25 points to 2,920.18 in line with most of the major European and world bourses yesterday.

Market records marginal decline

The euro climbed against the dollar in volatile trading after US February jobs’ data came in better than expected. The gain came on disappointment among some investors who had hoped for an even stronger report. Non-farm payrolls increased 192,000, the Labour Department said, above market expectations for 185,000 jobs.

In the financial sector, AIB shed 0.5c to 24c. Bank of Ireland fell 0.3c to 32c. Irish Life & Permanent retreated 2.5c to 88c, while FBD Holdings improved 18c to €7.79.

In the construction sector, CRH declined 16.5c to €15.90. Grafton gave up 12c to €3.50. Kingspan dropped 17c to €6.63, while Abbey Plc closed 9c weaker at €5.21.

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