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Anglo gains on ISEQ

23/11/2005 - 17:46:39
Anglo Irish Bank jumped 61c to €11.58 on today's ISEQ after it reported pre-tax profits of €685.2m for the year to the end of September.

The figure shows a 36% rise on the previous year, after record growth in lending.

Earnings per share were up 28% to 73.21 cent and the company will pay a final dividend of nine cent, bringing the total for the year to 13.54 cent.

Net lending to customers rose by €9.8bn to €34.4bn, an increase of 40%.

That helped the ISEQ index of Irish shares finish 70.47 points in positive territory at 6916.88.

AIB also had a very strong showing today, rising 39c to €17.99.

Irish Life and Permanent slumped 20c to €15.15 and Bank of Ireland slipped 4c to €13.20.

Dragon Oil saw their share price jump by over 11% today, finishing up 27c to €2.65.

Bookmaker Paddy Power and low-budget airline Ryanair both fell 10c to €11 and €7.38 respectively.

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