THE ISEQ index rose for the second consecutive day yesterday closing up 133.72 points at 2,914.74.
Investors are more optimistic that the billions that are being pumped in to the inter-bank lending markets by governments around the world will result in an end to the credit crisis.
France is to lend €10.5bn to the country’s top six banks before the end of the year to prop up their capital reserves. The main financial stocks had a positive day.
AIB progressed a further 31c to €3.72, Bank of Ireland added 9c to €1.92, Anglo Irish Bank moved up 4c to €2.07, Irish Life & Permanent increased 16c to €3.85 while FBD Holdings gained 75c to €12.25.
In the construction sector, CRH jumped €1.30 to €15.80, Kingspan fell 19c to €4.72 while Grafton added 10c to €2.33.
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