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ISEQ feels effects of tech fall

15/04/2005 - 17:54:14
Following the downturn in technology stocks in the US last night, the ISEQ followed suit with a 71.87 point fall to 6,081.39 today.

The financial sector lead the downfall with all except Irish Life and Permanent (up two cent to €13.87) seeing their share prices fall.

AIB and Anglo Irish were hit especially hard, losing 25c and 35c to €16.47 and €19.10 respectively, while Bank of Ireland had a relatively minor fall of three cent to €12.35.

Icon stock remained stable at €29.24.

It was also a bad day for the building sector. CRH was down 40c at €20.60, Grafton's share price decreased 13c to €9.40 while Kingspan was down 4c to 9.50 as it announced the completion of its acquisition of Century Homes.

Other fallers included Kerry Group who were down 13c to €19.07 and Ryanair, down 19c to €5.86.

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