ISEQ boosted by oil reports

The ISEQ-index of Irish shares was boosted by 124.09 points to 6279.68 this morning.

The major financial heavyweights surged with AIB leading the way reporting a 44c gain to€13.79. IL&P jumped 35c to €10.90, Anglo was up 27c at €8.88. Bank of Ireland climbed 19c to €9.39.

Elsewhere Tullow Oil company saw its shares grow 37c to €8.50 on foot of news that the group's revenues are in a healthy state.

Revenues last year rose by 10% to £639.2m (€834.6m) in a year in which the company said it had recorded its largest ever discovery, the Jubilee field offshore Ghana.