ISEQ down in early trading
The ISEQ index of Irish shares has declined in morning trading today, slipping 31.64 points to 7837.71 by 11.13am.
The biggest loss of the day came for Allied Irish Bank, which fell 32c to €16.79. Elsewhere in the financial sector, both Anglo Irish Bank and Bank of Ireland were down 3c to €12.87 and €11.98 respectively. Irish Life & Permanent inched up 3c to €15.05.
There was mixed fortunes in the construction sector, with CRH dropping 18c to €28.16. Kingspan saw a 15c rise to €16.90.
It was a good morning in general for food and drink companies, particularly for IAWS, who reported pre-tax profits of €143m for the year to the end of July. The food giant soared 35c to €15.10. C&C Group was up 20c to €6.92.
There was significant drops elsewhere however, with both FBD and Irish Continental Group sliding 25c to 23.49 to €25.25. Elan was down 26c to €14.18.
Other significant movers included DCC (up 10c to €20.20) and CPL (down 15c to €5.80).
