ISEQ up as financials see rises

The ISEQ index of shares rose 25.58 points to 6054.06 in morning trade today, boosted by an upward trend in the financial stocks.

The ISEQ index of shares rose 25.58 points to 6054.06 in morning trade today, boosted by an upward trend in the financial stocks.

AIB was up 12c to €16.62 while Bank of Ireland rose 11c to €12.39. Anglo Irish Bank rose 16c to €9.76. Irish Life and Permanent was the only one of the financials to see a fall, down 5c to €13.

Drinks and snacks company C&C saw a 10c fall in their share price to €3.20 after the announcement today of its first set of annual results since flotation.

Operating profit at the group was up 3.5% to €115.1m in the year to the end of February. C&C also reduced its net debt by €40m to €441m in the year.

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