Iseq sees 50-point fall in morning trading

The Dublin Stock Exchange has experienced a slight fall in morning trading with the Iseq index down 22.58 points to 2,588.16 by 10.30am.

The largest faller of the day so far is shipping group Irish Continental who have slumped €1.24 to €11.16.

The construction sector hasn't fared much better with Kingspan down 27c to €4.05 and CRH down 14c to €17.47.

Both Irish Life and Permanent and the Bank of Ireland suffered a 13c decrease to stand at €2.60 and 1.04 respectively while AIB slipped two cents to €1.00.

Elsewhere, the news was positive as food group Kerry increased its stock price by 22c to €16.20 and Paddy Power jumped 16c to €15.39.