ISEQ sees slight move upward
The ISEQ index of Irish shares rose slightly (by 2.55 points) today to 8517.57 points.
On the back of a positive trading statement, Anglo Irish Bank saw its share price surge by 31c to €14.46.
In a statement to the stock exchange, the bank said it anticipated that earnings per share would exceed forecasts of 124c by 5c.
Group boss David Drumm said: "The bank will deliver another record performance in 2007…We are confident that (we will) deliver high-quality growth in 2008 and beyond."
Irish Life and Permanent was the only other of the banks to see an increase, albeit a much smaller one of 2.1c. Allied Irish Bank lost 18c to €18.82. Bank of Ireland fell 11c to €13.55.
Aer Lingus shares fell 3c. Mid-West business and tourism leaders angered by the loss of the Aer Lingus Heathrow flights at Shannon Airport will today hold their first meeting on the issue with Minister for Transport Noel Dempsey.
Food group Kerry saw its shares increase by 80c today, leading the positive movers on the ISEQ.
