ISEQ closes in the red

The ISEQ index of Irish shares closed in the red today, down 48.14 points to 7928.3.

Food group Kerry saw a fall in share price by the close of trading, down 9c to €18.56. The group today reported pre-tax profits of just under €298m for last year, up from €268.6m in 2004, as sales grew by 7% to €4.4bn.