Financials help ISEQ rise more than 100

The ISEQ soared 119.95 points to 7646.81 today following news that annual house price growth slowed from 14% in April to 6.2% in July.

Allied Irish Bank was the day’s busiest share and rose 68c (3.5%) to €19.90. Anglo Irish Bank was up 30c (2.6%) at €11.69.

Bank of Ireland gained 30c (2.1%) to €14.26, while Irish Life and Permanent closed up 35c (1.9%) at €18.50.

FBD was up 35c at €37.35 at the end of the day.

It was a mixed day for food companies. IAWS rose 50c (3.5%) to €14.90, while Kerry slipped 28c (1.8%) to €15.37. C&C was up 14c (1.7%) at €8.25.

Glassmaker South Wharf fell 20c (2.9%) to €6.80.

Construction-industry companies fared better, with Grafton up 28c (2.7%) at €10.55 and CRH gaining 58c (2.3%) to €25.78.

Bookmaker Paddy Power closed up 27c (2%) at €13.57.

Pharmaceutical giant Elan finished the day down 24c (2%) at €11.45.

Business support services company DCC was also in the red, down 22c (1.2%) at €18.73.