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ISEQ up in morning trade

28/02/2005 - 12:32:31
The ISEQ was up 29.43 points to 6697.16 in morning trade today.

Building materials company Readymix saw its stock fall 9C on foot of a 49.3% profits fall in 2004.

Since year end, Readymix has embarked on a fundamental review of its entire cost base and will be looking to improve both cost controls and operating efficiencies following the recently completed reorganisation of the business on an all-Ireland basis.

Most of the financial stocks have regained stability since last week's losses. Bank of Ireland was the biggest rise, up 8c to €12.75. AIB rose 2c to €16.11 while Anglo Irish Bank was up 5c to €20.05.

Irish Life and Permanent fell 4c to €15.21.

Elan stayed just above the €20 mark at €20.01 after a 29c fall this morning.

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