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ISEQ slips in early trading

04/07/2005 - 11:35:44
The ISEQ has slipped in opening trading this morning, slipping 4.24 to 6,552.52 today.

Allied Irish Bank shares have slipped 6c to €17.64 while Bank of Ireland shares are down 3c to €13.47.

Anglo Irish Bank shares climbed 10c to €10.40. Irish Life & Permanent has fallen 12c to €14.45.

Elsewhere shares in Ryanair have edged 3c higher to €6.48 today. Ryanair will release traffic data for June this week. In the first two months of the quarter (April and May) volumes grew 28%.

The news also comes as data today revealed no-frills carriers are offering 2.5 million more low-cost seats on flights within Europe in July 2005 compared with July 2004.

UTV shares have climbed 9c higher to €6.94 as speculation ITV is the subject of an approach from Time Warner, Goldman Sachs and Apax Partners.

Shares in technology company IONA have fallen 17c to €2.23 today.

The most traded shares today are Jury's Doyle Group, Grafton, AIB, Anglo Irish Bank and Bank of Ireland.

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