ISEQ edges higher in morning trading

The ISEQ index has edged slightly higher in early trading today, climbing 3.12 in mid-morning to 6,100.05.

Banking shares have been mixed. Allied Irish Bank has fared well, climbing 16c to €15.80 today while Bank of Ireland shares climbed 3c higher to €12.40.

But Anglo Irish Bank shares have fallen 5c to €20 while Irish Life & Permanent shares have slipped 10c to €14.

Elsewhere construction stocks have been on the rise on the day a study by the ESRI and the mortgage firm IIB Homeloans showed consumer confidence in the property market is high.

CRH shares are 15c higher at €20.57 today while Grafton shares are 14c higher at €9.39. Kingspan shares are 1c higher at €9.70.

Meanwhile pharmaceutical group Elan has seen its share price fall 14c to €5.50 today while business support services group DCC has fallen 34c to €17.10.

The most traded shares today are CRH, Bank of Ireland, Anglo Irish Bank, AIB and Jury's.