Fall for ISEQ

The ISEQ index of Irish shares fell 12.52 points to close at 6806.15 today as a number of small-to-medium size gains were offset by larger losses.

The ISEQ index of Irish shares fell 12.52 points to close at 6806.15 today as a number of small-to-medium size gains were offset by larger losses.

It was a glum day for Irish Life and Permanent, after their stock fell 25c to €15.15. A 7% increase in its life assurance activities helped drive pre-tax profits up 34% to €171m, the company said today.

Allied Irish Bank off-set IL&P's downward trend somewhat with a 6c rise to €17.96. Bank of Ireland reversed the morning's negative trend to finish 4c up €13.16. Anglo Irish Bank fell 8c to €11.37.

Jurys Doyle fell 15c to €18.20 after members of the Doyle family increased their stake in the group to 28.8%.

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