Poor day for ISEQ
The ISEQ index of Irish shares dropped 49.56 points to 9332.86 by close of business today.
There were some significant losses across the market, with most gains turning out to be modest in nature.
Icon plc fell 1.35 to €29.70, with DCC dropping a full 40c to €23.80. Budget airline Ryanair also endured a miserable day, plummeting 37c to €10.73. Aer Lingus was unchanged at €2.95.
The construction sector had little cheer, with CRH shedding 25 to €30.40 and Abbey down 14c to €11.60. Pharmaceutical giant Elan lost 20c to settle at €9.70.
It was a mixed day for the financials. Allied Irish Bank (up 5c to €22.40) and Bank of Ireland (up 18c to €21.20) both did well. Anglo Irish Bank shed 21c to €15.70 however, with Irish Life & Permanent down 18c to €21.20.
In the food and drink sector, C&C lost 20c to €12.15. IAWS Group had a positive day however, finishing 12c up to €18.75.
There was good news elsewhere on the exchange, especially in the energy sector, which has benefited from a resurgence in confidence of late. Dragon Oil closed up 19c to €2.91, with rival Tullow Oil jumping 12c to €6.18.
United Drug also redressed the balance somewhat, climbing 10c to €4.20.
