Market regains some lost ground

THE ISEQ index inched back up yesterday to close 11.40 points better at 2,722.54.

German investor confidence rose unexpectedly in December, helping to boost gains in the market. Bond yields were higher in Europe as markets await an announcement from Standard & Poors on downgrades.

In the US, a drop in receipts for food and beverages, caused retail sales figures to rise less than expected in November.