Market static on low volumes

THE ISEQ index yesterday gained 1.92 points to end at 2,796.96 in light trading.

Investors were cagey about buying in to equities after both the German Zew investor sentiment survey and eurozone industrial production figures were both weaker than expected.

However, markets rallied towards the end of the session, as US markets shrugged off initial losses with gains in the healthcare and technology sectors.

In the financial sector, Bank of Ireland was unchanged at 69c. AIB fell 2.7c to 72c. Irish Life & Permanent slid 2.2c to €1.63, while insurance Group FBD Holdings declined 7.4c to €6.67.


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