World markets in sluggish form

Yesterday saw some profit taking and increased nervousness in the eurozone over Spanish and Italian sovereign bond yields.

This coupled with mixed data news coming from China and the US saw investors trying to work out their next move, the Iseq closed down 29.48 points to 3,543.37.

The financial stocks were positive on the whole, Bank of Ireland was the only one in red falling 0.1c to 14.1c, AIB gained 0.2c to finish on 6.8c and Permanent TSB added 0.2c to close on 3.5c. Insurer FBD Holdings climbed a further 13c to €11.20.