Iseq slips in line with world markets
US job growth was weaker than expected in May and the unemployment rate rose for the first time in 11 months. China’s official purchasing managers’ index fell more than expected to 50.4 in May, the weakest reading this year and down from April’s 13-month high, with output at its lowest since Nov 2011.
In the financial sector South African group, Prescient, completed the acquisition of AIB Investment Managers Ltd, the asset management subsidiary of AIB. Shares in the bank were unchanged at 6.5c. Bank of Ireland fell 0.3c to 8.6c, while Irish Life & Permanent remained at 2.6c.
