Aer Lingus rise slows
Aer Lingus shares edged up 3c to €2.48 as investor enthusiasm cooled for the former state airline.
The firm was usurped by a bullish Ryanair (up 16c to €8.44), who announced today that it was to buy 32 Boeing 737 planes.
The Irish Stock Exchange had a good day overall, climbing 28.03 points to 8223.84.
There was little movement in the financial sector, with all the banks’ share prices shuffling around each other. Irish Life & Permanent slipped 8c to €19.76, with rivals Allied Irish Banks (up 8c to €12), Anglo Irish Bank (up 5c to €12.95) and Bank of Ireland (up 3c €15.42) all improving.
The food and drink sector enjoyed a great day’s trading. Kerry and Donegal Creameries both jumped 20c to 18.70 and 4.60 respectively. C&C (up 17c to €10.71) and IAWS (up 14c to €14.64) were not far behind.
Bookmaker Paddy Power declined, down 25c to €14.80. The day’s biggest decline came from CRH 27c to €26.63.
Elsewhere in the construction sector, rivals Grafton (up 15c to €10.40) and Kingspan (up 10c to €16.25) enjoyed a positive day’s trading.
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