ISEQ down at market close

The ISEQ index of Irish shares closed down this evening by 18 points to 4477.20.

There were mixed fortunes in all sectors, DCC fell 22c to €16.28 despite having announced the acquisition of the trade, assets and goodwill of Chevron Ltd's UK "equity distributor" business today.

Within the food sector fresh produce company Total Produce remained static at 55c per share. The company announced earlier today the 60% acquisition of fruit and veg distribution company Haluco B.V. and wholesaler Nedalpac B.V.

Glanbia dropped 10c off its share price to €4.40 with Fyffes jumping a modest 3c to 38c per share.

There was mostly negative news amongst the financial heavyweights, Anglo Irish Bank was down 14c to €5.81, Irish Life and Permanent fell 6c to €6.30 and AIB followed suit down 5c to €8.65. Bank of Ireland bucked the negative trend gaining 6c to end the day on €5.51.

In contrast the construction sector ended the day on a positive note, Kingspan soared 25c to €8.05, with CRH up 17c to €17.87. Grafton jumped 12c to €3.72 and McInerney was up just 1c to 34c at market close.