Iseq falls despite DCC and Kerry gains

The Dublin stock exchange has seen its stock fall this morning.

By 11am, the Iseq was down 25.65 points to 6,806.25, despite a 72c rise by DCC to €19.13. The business support firm this morning announced a share capital reorganisation of its Manor Park Homebuilders. The reorganisation means DCC has received a dividend of €172m from Manor Park resulting in an overall group exceptional profit of about €25m for the year.