Mixed day brings ISEQ slightly down

Dublin's stock exchange had a slight fall of 6.17 points to stand at 5639.57 for the end of the week.

Dublin's stock exchange had a slight fall of 6.17 points to stand at 5639.57 for the end of the week.

In a mixed day for financials, Allied Irish Bank shares fell 32c to €13.57 but Bank of Ireland's shares had a bigger slip of 10c to €11.02. The bank said in a trading statement yesterday it expects to deliver strong operating profits and strong volume growth when it reports half-year results next week.

Anglo-Irish Bank, which named its new CEO designate this week, have had a 11c rise in share price to €14.94, while Irish Life & Permanent has rose 7c to €12.77.

Construction firm CRH has seen their price fall 17c today to €19.41 while agri-business giant, IAWS, also saw a fall in price 13c to €10.25. IAWS has announced increased pre-tax profits up 19% to €97.9m with total operating profits up 14%.

Another faller today was Shipping group Irish Continental, down 10c to €10.40. But the largest fall of the day was at Trinity Biotech Plc, the medical diagnostics firm saw their price tumble 30c to €2.35.

Pharmaceutical share Elan has climbed 12c to €19 while Jurys Doyle Hotel group raised their share price 8c to €10.63.

Elsewhere Ryanair shares have slipped slightly to €4.08. Ryanair chief Michael O'Leary told the company's AGM yesterday the airline expected to overtake Lufthansa within the next 12-14 months to become the largest international scheduled carrier in Europe.

Mr O'Leary also said more than 100 new aircraft would be delivered over the next five years.

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