ISEQ loses early momentum

The ISEQ dropped back in afternoon trading today, to finish up a disappointing 8c at €5.89.

It was a mixed day for the financials, with Irish Life & Permanent the standout performer, shooting up 25c to €18.05. Allied Irish Bank also made a net gain, up 9c to €18.93. It was not such a good day for Bank of Ireland, who lost 20c to go back to €13.80. Anglo Irish Bank slipped back slightly, down 3c to €11.42.