Iseq falls on US consumer price drop

The Iseq ended a poor week down slightly further yesterday, a larger than expected drop in US consumer prices was the key catalyst behind the fall.

The index closed the week on 3,328.78 down 13.70 points.

It was a mixed bag for the Irish financials with Bank of Ireland shedding another 0.2c to close on 11.7c. Permanent TSB were flat on 2.3c and AIB finished ahead 0.2c closing the week on 5.3c. Meanwhile, Irish insured FBD Holdings closed down 20c to finish on €10.