Poor start for ISEQ

The ISEQ index of Irish shares dropped slightly by 33.53 points to 7850.14 by 11am today.

In the financial sector, Irish Life & Permanent was alone in making a gain, up a modest 5c to €15.60. Elsewhere, Anglo Irish Bank tumbled 30c to €12.96, with Allied Irish Bank (down 20c to €16.80) and Bank of Ireland (down 5c to €12.95) both losing ground.