ISEQ down 94 points

The ISEQ index of Irish shares fell 94.17 points this morning to 9443.6, down almost a full percentage point in value.

There was a universal downward movement in the financial sector. AIB was down 37c to €23.13, while Bank of Ireland fell 20c to €17.32. Anglo Irish Bank lost 18c on its share prices and is trading at €15.52. Irish Life and Permanent was down 11c to €20.99.

Building materials group CRH saw a significant fall of 39c as brisk trading followed the company's announcement today that it's full-year pre-tax profits would see a 23% jump over last year, up €300m on the 2005 figure of €1.279bn. CRH shares were among the most-traded stocks this morning.

Construction company Kingspan fell 33c to €20.14.

Kerry Group reversed the overall negative trend somewhat, climbing 40c to €19.15 in morning trade.