ISEQ shares await boost

The ISEQ-index of Irish shares suffered minor losses this morning, slipping 8.28 points to 7150.65, while shares await some activity in response to reports of a jump of 53% in revenues at Norkom financial crime and compliance solutions company.

Norkom announced the increase in revenue to €17.6m and a 50% improvement in EBITDA to €3.1m for the half-year ended September 30, 2007.

This period has included the acquisition of Digital Harbour on July 31, 2007 for €26.7m. Shares at the company are awaiting the positive reaction today as prices actually managed to lose 10c at €1.50.

Elsewhere, it was a mixed bag for the banking big guns as AIB climbed 15c to €15.40, Anglo gained 5c at €10.05 and IL&P also performed reasonably well with a 13c mark-up at €14.43.

Bank of Ireland suffered the only losses on the financial front with a 2c drop to €10.35.