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ISEQ up on back of news from banks, Jurys

29/07/2005 - 10:43:55
The ISEQ rose 28.79 points to 6798.18 today.

Bank of Ireland stock was up 3c to €13.90 on the back of an announcement today that the bank is to offer 100% mortgages covering house deposits, with a product called QuickStart 100, which will apply to first-time buyers.

Meanwhile, AIB stock rose 3c to €17.93 after the news today that the bank had sold part of its Ballsbridge site for €367.75m to the Serpentine Consortium, a syndicate of private individuals and companies assembled by AIB Private Banking and Goodbody Stockbrokers.

Anglo Irish Bank was up 5c to €11.15 while Irish Life and Permanent stayed level at €15.

Takeover target Jurys saw its share price rocket by 85c to €16.45 on the back of news that the group is reportedly considering a new €1.1bn takeover offer from a consortium of businessmen trying to buy the hotel group.

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