ISEQ continues downturn
The ISEQ index of shares continued its downward spiral with a 53.97 fall to 7,518.74 by close of business today.
The main faller was pharmaceutical giant Elan which saw their share price go down 49c to €12, while insurance group FBD tumbled 32c to €36.38.
The construction sector didn't escape the downturn. Grafton slumped 16c to €9.35, CRH fell 14c to €26.56 and Abbey went down 13c to €9.50.
Elsewhere, recruitment group CPL Resources saw their stock reduced by 20c to €3.80, while betting firm Paddy Power's stock went down 17c to €12.63.
The financials didn't fare any better as AIB fell 14c to €18.21. Irish Life and Permanent went down five cents to €17.20 and Bank of Ireland slipped four cents to €13.97. Anglo Irish Bank stayed at €12.85.
Bucking the trend were food group Kerry, which raised its share price 11c to €18.19.
