ISEQ boosted by Waterford crystal

The ISEQ-index has made modest gains since opening this morning with a 10.87 point increase at 9368.34, largely due to promising announcements by two of its members, luxury goods company Waterford Wedfgewood and oil exploration company Providence Resources.

The ISEQ-index has made modest gains since opening this morning with a 10.87 point increase at 9368.34, largely due to a promising announcement by luxury goods company Waterford Wedgwood.

Crystal and china maker Waterford Wedgwood today unveiled plans to raise €100m as it looks to continue the revival of the business through a new restructuring programme.