ISEQ increase continues driven by CRH and Tullow

THE ISEQ’s good week continued yesterday with it rising for a third day out of four, gaining another 2.8%.

Dublin’s rise was driven by particularly strong price increases in building materials giant CRH and exploration specialist Tullow Oil; as well as solid gains for the likes of Elan, United Drug, Kingspan, C&C, Kerry Group and IFG.

CRH gained 80c (following on from a healthy 63c rise on Wednesday) to close yesterday’s session at €12.75. Tullow Oil’s increase amounted to 61c, bringing the company’s Dublin-quoted share price to €15.11. Among the few fallers, however, were food group Aryzta, which shed 20c to close at €33 and Irish Continental Group (ICG) which was down 5c at €14.10. Betting and gaming group, Paddy Power fell by 30c to €38.70. In all, the ISEQ rose by 69 points to close at 2,550 points.