ISEQ falls 45

The ISEQ fell 45.43 points to 7811.1 today.

Allied Irish Bank was the busiest share, and fell 24c (1.9%) to €18.50.

Irish Life & Permanent slipped 35c (1.7%) to €19.60. The group’s annual report, published today, revealed increases in its loans and assurances business, and that chief executive David Went got pay of €1.14m in 2005.

Bank of Ireland was down 18c (1.2%) at €14.62, while Anglo Irish Bank fell 15c (1.1%) to €13.05.

Ryanair slipped 10c (1.4%) to €7.17. The airline today promised not to introduce fuel surcharges, in response to an increase in the charges from rival BA.

Eircom was up 3c (1.4%) at €2.17, having released a statement to the stock exchange saying that it had received a joint proposal from Babcock & Brown and the Eircom ESOP Trustee Ltd.

Business support services company DCC was up 25c (1.3%) at €18.90.

CRH fell 4c to €27.97.