Iseq happy to buck European trend

Among a sea of red yesterday, the Iseq was the only European bourse in positive territory, up almost 1.5% driven by Irish financial stocks, except AIB, which powered ahead in light trade.

Food group Glanbia was ahead almost 5%, Kerry up 1.38%, with C&C up 4%. Ryanair shares were up more than 2%, but rival Aer Lingus was down 4%.

Paddy Power fell by 0.82% post-Cheltenham, with Petroneft the biggest loser on the bank holiday, down 16.67%.