ISEQ buoyed by financials

The ISEQ indes of shares got off to a bright start to the week, up 51.93 to 7649.9 for the day.

The ISEQ indes of shares got off to a bright start to the week, up 51.93 to 7649.9 for the day.

It was a mostly good day for the financials. AIB and Bank of Ireland led the charge as both gained 18c to close at €18.95 and €13.95 respectively.

Irish Life & Permanent rose 7c to €18.19, but Anglo Irish fell back 6c to €11.67.

Meanwhile, Ryanair shares were up 12c to €7.80 as it emerged that an EU investigation could be launched into the alleged misstatement of taxes and airport passenger fees at Ryanair.

The no-frills airline is being accused of pushing up charges for flights into and out of some of its airports across Europe.

Austrian MEP Eva Lichtenberger is calling for an inquiry by the European Commission following the claims, which were made by a German television programme.

Meanwhile, DCC shares were down 2c to €19.20 as it announced that it is "well positioned to achieve market expectations in the current year".

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