ISEQ down in morning trade

The ISEQ index of Irish shares is down 29.94 points to 7556.6 after this morning's trade.

The ISEQ index of Irish shares is down 29.94 points to 7556.6 after this morning's trade.

Food group IAWS stayed level at €13.50 after group boss Denis Lucey told the company's AGM that IAWS saw a total operating profit of €124.4m last year, up13.7% on the previous year.

IAWS also saw double-digit growth in diluted earnings per share for the eighth year running last year.

In the financial stocks, AIB stock fell 14c to €18.40. The bank announced today that it had completed its transaction for a new bancassurance joint venture between long-term savings players Hibernian Life & Pensions and Ark Life.

Two of the other heavy-hitters in the sector - Bank of Ireland and Anglo Irish Bank - also saw losses. BoI was down 4c to €14.05 while Anglo Irish Bank fell 20c to €12.90. Irish Life and Permanent bucked the trend, rising 8c to 17.48.

More in this section

IE_180_logo
Price info

Subscribe to unlock unlimited digital access.
Cancel anytime.

Terms and conditions apply

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
Puzzles logo
IE-logo

Puzzles hub

Visit our brain gym where you will find simple and cryptic crosswords, sudoku puzzles and much more. Updated at midnight every day. PS ... We would love to hear your feedback on the section right HERE.

Lunchtime
News Wrap

A lunchtime summary of content highlights on the Irish Examiner website. Delivered at 1pm each day.

Sign up
Revoiced
Newsletter

Our Covid-free newsletter brings together some of the best bits from irishexaminer.com, as chosen by our editor, direct to your inbox every Monday.

Sign up