ISEQ stocks rally

The ISEQ index of Irish shares rallied this morning to tot up a 43.18 point increase at 6147.70 by 11.20am.

Modest gains on the trading floor see banking big guns experience a mixed morning. The biggest earner AIB recorded 21c gains at €13.40. Not far behind Bank of Ireland climbed 20c to €9.22 while Anglo lost 10c off its share prise to stand at €8.55.

Elsewhere, Ryanair has railed against a 50% increase in DAA check-in charges announced this morning by the Aviation Regulator.

The airline says the increase is 10 times the rate of inflation and will cost Ryanair an additional €8,000 per year.

It says it intends to mount a court appeal against the decision. Meanwhile the no-frills airline had 10c shaved off its own share price at €3.16.