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Dublin stock exchange up in morning's trading

11/08/2004 - 11:06:19
Morning trading in Dublin has raised the ISEQ index 37.51 points to 5,222.22 by 11am.

The rise can be attributed mainly to the price rise in Elan shares of €1.70. The pharmaceutical firm currently stands at €15.10. Another pharmaceutical company, United Drug is currently up 10c to €2.97.

Other major risers so far are shipping group Irish Continental who increased their price by 15c to €9.15, building materials firm CRH who are up 8c to €17.92 and Ryanair, up 9c to €4.15.

However, financials are doing their best to bring the index down with all the banks in the red this morning. AIB are down 4c to €12.77, Anglo-Irish Bank and Bank of Ireland are both down 9c to €12.85 and €10.70 respectively, while Irish Life and Permanent are down 15c to €12.20.

Bank of Ireland, CRH , Ryanair, Anglo-Irish Bank and AIB are experiencing the busiest trading at the stock exchange.

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