ISEQ ends week on the slide

A week of consecutive gains ended on the ISEQ in Dublin today as the index slipped back 21.98 to 6,047.36.

Banking shares fared poorly, with Allied Irish Bank shares slipping 5c to €16.45 while Bank of Ireland shares fell back 6c to €12.39.

Anglo Irish Bank shares dropped 10c to €9.80. Irish Life & Permanent shares were unchanged at €13.20.

Elsewhere shares in insurance and finance group FBD Holdings was one of the winners today, climbing 15c to €22.55.

Jury's Doyle Hotel Group surged 86c to €13.36 while food business giant Kerry climbed 20c to €19.70.

Elsewhere Waterford Wedgewood slipped 1c to 5c today as credit ratings agency Standard & Poor's decided it would not change its outlook on the group despite job cuts announced this week.

The most traded shares today were AIB, Anglo Irish Bank, Bank of Ireland, Grafton and Ryanair.