Market climbs amid Greece concern

The Iseq index climbed a further 37.09 points yesterday, to end the trading week at 3,091.87.

Greece continued to weigh on sentiment, with the latest opinion poll showing that anti-bailout leftist Syriza party is maintaining its poll lead ahead of a June 17 election that is deemed critical to the country’s continued membership of the eurozone.

In the financial sector, Bank of Ireland gained 0.2c to 8.6c. AIB added 0.2c to 6.6c. Irish Life & Permanent was unchanged at 3.5c, while insurance group FBD Holdings advanced 15.3c to €8.30.

In the construction sector, CRH progressed 2c to €14.14. Grafton dropped 5c to €3.05, while Kingspan slipped 23c to €7.10.

In other news, Elan was 94c better at €11.43, Kerry Group increased 1.456 to €34.165, while Paddy Power dipped 39c to €50.95.


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