ISEQ down in morning trade
The ISEQ index of Irish shares is down 29.94 points to 7556.6 after this morning's trade.
Food group IAWS stayed level at €13.50 after group boss Denis Lucey told the company's AGM that IAWS saw a total operating profit of €124.4m last year, up13.7% on the previous year.
IAWS also saw double-digit growth in diluted earnings per share for the eighth year running last year.
In the financial stocks, AIB stock fell 14c to €18.40. The bank announced today that it had completed its transaction for a new bancassurance joint venture between long-term savings players Hibernian Life & Pensions and Ark Life.
Two of the other heavy-hitters in the sector - Bank of Ireland and Anglo Irish Bank - also saw losses. BoI was down 4c to €14.05 while Anglo Irish Bank fell 20c to €12.90. Irish Life and Permanent bucked the trend, rising 8c to 17.48.
