Positive start for ISEQ

There was a positive mood around the Irish Stock Exchange today as the ISEQ index gained 31.19 points to 9690.81 by 11.35am.

The biggest gain of the day came for Tullow Oil following the announcement of better-than-expected yields from its Mahogany well in Ghana. The energy company soared 63c to €6.64.

The financials are doing well, with Bank of Ireland the only loss, down 5c to €16.10. Irish Life & Permanent led the way, boasting a 20c gain to €19.29, with Allied Irish Bank not far behind (up 18c to €21.77). Anglo Irish Bank was unchanged at €16.25.

CRH continued its recent revival, enjoying a 20c boost to €37.15. Rival Grafton was up 10c to €11.25. IAWS was the Exchange’s other significant winner so far, up 10c to €17.

The sole loss of any note came for Iona, which fell 20c to €3.80.