ISEQ falls more than 35 points
The ISEQ fell 36.68 points to stand at 7177.65 at 10.30am today.
Tullow Oil was the biggest faller, following disappointing drilling off the coasts of Mauritania and Angola. Its share-price fell 19c (4.7%) to €3.82.
Paddy Power had a much better morning on the index, gaining 38c (3.2%) to €12.35.
Bank of Ireland slipped 16c (1.2%) to €13.26. The bank announced this morning that it has acquired 71.5% of an American hedge-fund manager.
Irish Life and Permanent fell 18c (1.1%) to €15.95. Allied Irish Bank was down 13c at €17.77, while Anglo Irish Bank gained 6c to €12.21.
Food-and-beverage group C&C was up 6c (1.1%) at €5.51.
CRH, the morning’s busiest share, lost 12c to €24.30.
Ryanair was down 3c at €7.78, following news that the airline would be forced to carry fewer passengers in January, February and March due to the late delivery of ordered aircraft.
