ISEQ closes up, Anglo relinquishes Friday's gains

The ISEQ closed up 14 points today to 5342 with most of the financials relinquishing gains made on Friday on the back of positive US jobs data.

Anglo lost 2.44% closing down 33c to €13.20. AIB was busy and closed up 10c to €12.70, with over 3.7 million shares traded. BoI slipped 5c to €10.37 and Irish Life and Permanent moved down 3c to €13.97.

Independent News and Media closed up 4c to €2.03 on healthy trade of around 1.4 million shares. Weekend newspaper reports said that the paper is set to move to a new office block being built at Talbot Street, Dublin.

Ryanair closed up 11c to €4.97, on fairly low volume. The no-frills airline reported a load factor of 77% for March, accompanied by a 51% increase in passenger traffic compared to March last year.

Providence Resources was busy but stayed put at €0.04. The exploration company is to carry out an EGM on April 29.

Food stock Glanbia was a mover, up 12c to €2.80. Eircom was busy, but closed down 3c to €1.42, well below its €1.55 float price.

Ormonde Mining closed up 1c to €0.11. The company announced today that Michael Donoghue is to take over the non-executive chairman reins from Colin Andrew.

Elsewhere, ICG closed up 32c to €12.50 and bathroom products company Qualceram closed up 7%, or 15c, to €2.20.