ISEQ in positive territory

The ISEQ index of Irish shares was in positive territory this morning, rising 52.05 points to 7475.01 by 11am.

All the financial heavyweights recorded gains. AIB rose 15c to €18.10, Anglo Irish Bank rose 12c to €13.12, Irish Life and Permanent rose 11c to €17.15 and Bank of Ireland rose 4c to €13.69.

Elsewhere, oil stocks had mixed fortunes this morning. Tullow Oil rose 6c to €4.15, while Dragon Oil fell 2c to €3.05.

Bookmaker Paddy Power rose 15c to €12.75.

Exploration group Glencar Mining rose 1c to 11c.