Markets buoyed by Icon growth

Markets were buoyed this afternoon by news that ISEQ and NASDAQ-listed technology company Icon recorded 40% increases in net revenue.

Markets were buoyed this afternoon by news that ISEQ and NASDAQ-listed technology company Icon recorded 40% increases in net revenue.

Icon also announced a 63% increase in operating income for the third quarter ended September 30.

The company is a global provider of outsourced development services to the pharmaceutical, biotechnology and medical device industries.

"Our clinical business continues to grow very strongly and our central laboratory made further solid progress," said chairman John Climax.

Investors reacted slowly however and the company managed to offlaod 40c to €28.10 on the ISEQ by close this evening.

Another loser, Ryanair dropped by 3c to €8.85 per share despite reporting record bookings for the October bank holiday weekend.

The airline said today that 250,000 passengers will travel to/ from Ireland on Ryanair's 90 routes this weekend.

Announcing the record figures, Peter Sherrard, Ryanair's Head of Communications said: " With 20 additional routes set to start this winter, Ryanair will continue to carry more passengers to/ from Ireland than any other airline."

Elsewhere Anglo Irish Bank and Bank of Ireland inched ahead by 10 and 5c to €14.10 and €15.45 respectively. AIB and Irish Life let the side down however. AIB fell by 7c to €21.18 while IL&P plummeted 30c €19.

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