ISEQ down as Tullow, financials slip
The ISEQ fell 51.42 points this morning to 7627.33, as the share prices of the main players fell.
Tullow Oil fell 13c (2.4%) to €26.34, following news that one of its Ugandan wells had been cased and work suspended.
Anglo Irish Bank fell 20c (1.6%) to €12.31, while Allied Irish Bank was down 21c (1.1%) at €18.60.
Irish Life and Permanent slipped 15c to €19.00. All resolutions at Friday’s AGM were passed.
Bank of Ireland fell 6c to €14.27.
FBD was down 15c at €35.50.
CRH was the morning’s busiest share, and fell 34c (1.3%) to €26.34.
Paddy Power slipped 8c to €14.31. The betting company has a new managing director in charge of development.
Independent News and Media was unchanged at €2.33, despite a large volume of trading.
Fyffes was also unchanged, at €1.41. The group says it will announce unchanged expectations for 2006 at today’s AGM.
