ISEQ closes up

The ISEQ closed up 35.39 points at 8575.08 today.

Technology company Icon fell €1.20 (4%) to €28.50. Business support services company DCC gained 32c (1.6%) to €20.85.

Trinity Biotech was unchanged at €1.72, despite saying that revenues for the three months to the end of September were up 25%.

Glassmaker South Wharf slipped 30c (3.7%) to €7.75.

Independent News and Media had a good day, gaining 8c (3.1%) to €2.63, following confirmation that it is in talks to takeover APN News and Media in Australia.

FBD made 90c (2.3%) to €39.90. Irish Life and Permanent was up 13c at €19.30.

Anglo Irish Bank gained 11c to €14.00. The bank today said that it had bought two hotels in Manhattan on behalf of Irish investors.

Allied Irish Bank closed up 10c at €21.25. British Insurance giant Aviva today announced increased sales in Ireland following a partnership with the bank.

Bank of Ireland was down 10c at €15.40 at the end of the day, with talk of trade union action against the bank in response to a pension-scheme dispute.

IAWS finished the day up 35c (2%) at €17.60. The company said today it is launching a new subsidiary to deal with agricultural and non-lifestyle food business.

Kerry was up 30c (1.6%) at €19.20.

C&C gained 15c (1.2%) to €12.75. Maurice Breen, marketing director of C&C brand Bulmers, was named marketer of the year today by Marketing magazine.

Greencore closed up 4c (1%) at €4.00, despite Fianna Fáil TD Michael Moynihan’s asking Minister for Enterprise, Trade and Employment Micheál Martin to take action against the company.

Irish Continental rose 25c (2%) to €12.65.

Ryanair gained 6c to €8.80, while Aer Lingus closed up 1c at €2.85. Ryanair chief executive Michael O’Leary responded to rumours of job cuts at Aer Lingus by urging Aer Lingus employees to accept his offer of €2.80 per share.

Kingspan slipped 5c to €16.50, and said that it was seeking legal advice regarding the Competition Authority’s blocking of its takeover of Xtratherm.

CRH, the day’s busiest share, closed down 4c at €27.30.