Markets rise on manufacturing data
Markets were lifted as strong manufacturing data pointed to a strengthening recovery. Irish manufacturing firms improved again in August to mark the third successive month of expansion in a row. The figures coming from the UK continue to show a significant pick-up in activity, both domestic, and foreign-based. The US markets were closed for the Labour Day holiday.
In the financial sector, both AIB and Permanent TSB lost ground, the former slipping 0.2c to 6.8c, the latter shedding 0.1c to 3.7c, while Bank of Ireland progressed 0.3c to 22.4c. Irish insurer FBD Holdings slid a further 22c to €15.185.
