Financials hold ISEQ back

The ISEQ index of shares fell back from the 7800 mark this morning as it shed 9.72 points to stand at 7783.26 at 11am.

All the financials made a poor start with AIB down 14c to €19.54 despite the announcement of pre-tax profits of €1.7bn for 2005, which was a 23% increase on its €1.3bn profit in 2004.