ISEQ reports modest 6.9 point gain

The ISEQ index made a modest gain yesterday, to close up 6.90 points at 3,268.45. Latest figures from the eurozone show that unemployment rose to 10.9% in March, matching the record high of 15 years ago.

In the financial sector, Bank of Ireland dropped 0.4c to 10.8c. AIB was unchanged at 7.8c. Irish Life & Permanent advanced 0.1c to 3.8c, while insurance group FBD Holdings slipped 10c to €8.80.

In the construction sector, latest figures from the US showed that the rate of annualised spend increased by 0.1% month-on-month in March. This was behind Bloomberg consensus expectations of +0.5%. CRH fell by 5c to €15.47. Grafton added 1.8c to 3.338, while Kingspan gained 10c to €7.88.

In other news, Kerry Group issued a trading update stating that sales revenue increased by 9.7%, reflecting like-for-like growth of 3.8%, when account is taken of acquisitions and currency translation. Share in the company closed up 13c at €34.60.


Lifestyle

Throw all the veg you’ve got into this easy dish.Jack Monroe’s recalibration supper recipe

In a time when our shopping and cooking needs to be efficient and easy, we are bringing back our One List, Five Meals recipe pages.Michelle Darmody's One list, Five meals

What is the future of fashion and how will the ‘high street’ look when this is all over? Corina Gaffey asks those in the knowThe future of fashion: How the crisis will impact the retail industry and what we wear

Surveying the global market, Des O’Sullivan says when the going gets tough, the tough get goingHow art world is putting changed times in picture

More From The Irish Examiner