ISEQ awaits Budget
The ISEQ index was up marginally this morning as traders waited to see what lies in store in Charlie McCreevy’s Budget this afternoon.
Allied Irish Banks were up 7c to €12.44 ahead of a trading update to be released later today.
Bank of Ireland was down 5c to €10.56 while Irish Life and Permanent remained static.
Low fares carrier Ryanair saw its share price slide 2c to €6.36.
Earlier, the company announced that it was to halt nine underperforming routes out of London, Stockholm and Frankfurt.
European markets also performed well as latest data indicated that the European economy was beginning to pick up.
