ISEQ continues its upward trend

The ISEQ continued its upward move yesterday to close 26.56 points better at 2,836.75. Despite Wednesday’s ECB Loan tender, European debt concerns continue to remain on the back burner.

In the US, economic growth was slower than estimated in the third quarter, with a sharp drop in healthcare spending.

In the financial sector, Bank of Ireland advanced 0.1c to 8.3c. AIB slipped 0.4c to 6.5c. Irish Life & Permanent was unchanged at 2.1c, while Insurance Group FBD Holdings were 2.9c better at 6.429.