Financials helps spark ISEQ recovery
The ISEQ recovered from yesterday's losses in trading in Dublin today, climbing 20.73 to close at 6,482.36.
Banking and financial stocks flourished. Bank of Ireland shares climbed 7c to €13.05 while Allied Irish Bank shares also lifted 7c, to €18.04.
Anglo Irish Bank shares jumped 14c to €10.14. Irish Life & Permanent shares edged 4c higher to €14.30.
Another winner today was FBD, which surged €1.15 to €27.00.
Among the shares which slipped today were pharmaceutical group Elan, down 20c to €5.20, and agribusiness giant IAWS, which fell 35c to €11.50.
Shares in building giant Kingspan climbed 20c to €9.80.
Food and drinks giant C&C climbed 6c to €3.76. The company confirmed it will announce fiscal 2006 first-half results on October 11.
The most traded shares today were AIB, Bank of Ireland, Anglo Irish Bank, Ryanair and eircom.
