ISEQ flat after morning trade

The net result of trading on the ISEQ this morning was a fall of 4.78 points to 6734.46.

There were mixed fortunes in financial stocks - AIB was down 8c to €17.85, Bank of Ireland rose 2c to €13.15 and Anglo Irish Bank stayed level at €11. Irish Life and Permanent was also level at €14.75.

Ormonde Mining have so far not seen a reaction in either direction to their announcement that full results from the initial drilling programme at the La Zarza gold-copper project in southwest Spain confirm the expected widths and grades of mineralization at the site.

Jurys saw a 20c rise to €17.75 as the takeover buzz around the group continued.