Slow morning sees ISEQ slip six points

In a slow morning, the Dublin Stock Exchange had shed a modest six points by 11am.

The ISEQ stood at 9,567.21, down 6.18 points.

The major mover was Irish Life and Permanent who saw its shares tumble 56c to €19.94. The other financials had a relatively stable start to the day with Anglo Irish Bank down five cents to €16.33 while the AIB was up the same amount to €22.85. Bank of Ireland made a small three-cent gain to stand at €16.33.

Elsewhere, insurance giant FBD Holdings were down 20c to €40.40 while food firm Kerry Group trailed by 12c to €21.78.