ISEQ down as financials struggle

The Dublin stock exchange got of to a sluggish start to the week, shedding 11.39 points to close at 6631.91.

AIB fell 5c to €17.05, Irish Life and Permanent fell 13c to €14.75, while Anglo Irish Bank fell 2c to €11.25. Bank of Ireland bucked the trend, climbing 8c to €12.79.

Takeover target Jurys also fell on today's ISEQ, slipping 5c to to €19.10.

Shares in Elan closed up 18c to €6.60 after the company said that a new safety evaluation of its Tysabri drug on patients with Crohn's disease and rheumatoid arthritis showed no new cases of a potentially fatal brain disorder.