ISEQ down as financials suffer
The ISEQ index of shares closed down 29.36 points at 6304.61 as the financials performed poorly today.
Anglo Irish was hardest hit, losing 19c to close at €9.77. Bank of Ireland was down 16c at €12.87. Irish Life & Permanent closed at €13.64, down 3c on its opening price.
AIB bucked the trend, adding 5c to close at €16.93.
Pharmaceutical giant Elan was one of the few on the up today, gaining 17c to close at €5.55.
Meanwhile, Independent News & Media shed 2c to close at €2.60 as shareholders at the group's AGM in Dublin today were told that the company expected to record "meaningful improvement in underlying profit for 2005".
The group is optimistic that trading conditions will remain positive.
The AGM also heard that the company expects to net €100m from the sale of its stake in iTouch.
