ISEQ down today

The ISEQ index of shares slipped back from the 8000 mark today, down 9.17 to 7987.75.

It was a mixed day for the financials. Irish Life & Permanent was up 6c to €20.85, as Anglo Irish gained 2c to €13.82.

Bank of Ireland was down 1c to €14.69, while AIB shed 2c to close at €18.95.

Shares at Fyffes were up 1c to €2.05 today as it gave investors details of its new property company, Blackrock plc, at today's EGM.

Blackrock will be a separately-listed company, with 60% direct ownership by existing Fyffes shareholders and 40% indirect through Fyffes investment.

It will have initial net assets of €207m, and properties in Ireland and the UK.

Developments planned include a residential project at Edinburgh Food Market and retail schemes in Navan and Belfast.

Meanwhile, C&C shares were up 20c to €6.50, having revealed profits up 13% for the year ending February 28.

Earlier, Kingspan confirmed it is in talks with the owners of the Hytherm/Xtratherm Group regarding the ISEQ-listed company’s potential acquisition of the group. Shares at Kingspan fell 26c to €13.65 today.