Iseq down slightly in turbulent day of trading across Europe

European equity markets, with the exception of Norway, finished in negative territory yesterday following a turbulent day of trading. Data released by Markit Economics showed the eurozone final December Composite PMI came in at 51.4. 

This was ahead of the November number of 51.1. In the US, the ISM non-manufacturing index declined to 56.2 in December, down from 59.3 in November.

The Iseq yesterday declined by 1.5% to close at 5,086.19.

In financials, Bank of Ireland decreased by 1.3% to close at 30.4c while AIB decreased by 2.4% to close at 8.2c. Permanent TSB decreased by 1.9% to finish at 6.2c.

FBD was down 6% to close at €10.90. In the agri-food stocks, Aryzta was up 1.6% to €64.31, Glanbia was up 0.6% to €12.77 and Kerry Group was down 1.1% to €56.50.

In the constructions stocks, CRH was down 2.5% to close the day at €18.73 while Kingspan was down 2.4% to close at €14.23. Elsewhere, bookmaker Paddy Power decreased by 4% to finish at €63.78.