ISEQ retreats yet again
Markets spiralled into further decline amid escalating worries that a Greek default will spark a banking crisis in Europe. Eurozone finance ministers delayed a decision as to whether to pay Greece the next tranche of its €110bn bailout.
In the financial sector, Bank of Ireland slipped 0.3c to 7.4c. AIB fell 0.4c to 3.6c, while Irish Life & Permanent was unchanged at 2.8c.
In the construction sector, CRH dropped 58c to €11.32. Grafton lost 8c to €2.57, and Kingspan fell 24c to €5.95.
In other news, Playtech has become the new supplier of Paddy Power’s online casino, following the signing of a multi-year supply agreement. Shares in Paddy Power closed down €1.17 at €38.
