Ryanair rises on ISEQ

Ryanair rose 7c to €7.33 this morning folllowing their announcement of five new routes from the UK.

Ryanair rose 7c to €7.33 this morning following their announcement of five new routes from the UK.

Stansted to Balaton in Hungary, Lamezia and Parma in Italy, and Vitoria in Spain.

In addition, Ryanair will also start flights from London Luton to Brest in France. These are all new destinations and with Ryanair's first ever route to Hungary, the number of countries served by Ryanair rises to 22.

This helped keep the Dublin stock exchange in the black, with the ISEQ index of Irish shares rising 8.58 points to 7068.89 by 11am this morning.

It was a mixed morning for the financial heavyweights. Irish Life and Permenent plummeted 20c to €16.45, while Anglo Irish Bank fell 15c to €11.75. AIB slipped 4c to €18.01, while Bank of Ireland increased by the same amount, rising 4c to €13.60.

Recruitment company CPL resources saw one of the largest increases of the day, jumping 33c to €3.00, over 12%.

Pharmaceutical company Elan also saw a big increase in their share price, rising 49c to €9.95, over 5%.

Bookmaker Paddy Power was also in positive territory today, rising 42c to €11.36 (3.84%).