Encouraging boost or ISEQ

The value of Irish shares was up again today, as the ISEQ index climbed 40.99 points to 2.413.88.

The financials had a mixed day, although Irish Life and Permanent continued its recent resurgence, gaining 23c to €2.15. Bank of Ireland inched up 2c to 86c, although Allied Irish Bank lost 7c to €1.05.

The food and drink sector was the star performer today, with Donegal Creameries leading the way, jumping 27c to €2. Kerry Group was not far behind, up 23c to €14.54. The pharmaceutical sector was not far behind, with United Drug gaining 12c to €1.82 and Elan up 10c to €4.47.

Paddy Power and Merrion Pharmacies both gained 20c to finish on €13.05 and €3.70 respectively. DCC enjoyed the biggest gain of the day, shooting up 73c to €12.75.

The only loss of any significance came for FBD, which fell 20c to €6.50.