ISEQ down 83 points as financials suffer
The ISEQ index of Irish shares has fallen by 86.43 points to 7682.36 today.
Heavy-hitters across the board saw losses, with all the financial sector listed companies seeing slides into the red. AIB was down 27c to €17.99. Anglo Irish Bank fell 16c to €12.71 while Bank of Ireland saw a more modest 5c fall to €14.12. Irish Life and Permanent was down a hefty 40c to €19.70.
Elan was among the few companies holding back the overall negative trend. The pharmaceutical company was up €1.04 to €12.34.
Eircom, who today announced after-tax profits of €82m for the year ended March 31, was up 2c to €2.15 in today's trading.
Meanwhile, business support services company DCC was down 12c to €19.28 after it announced before-tax profits of €138.8m for the year ended March 31, up 38.7% on the previous year.
Property company Blackrock International Land plc has been admitted to trading on the IEX market of the Irish Stock Exchange and the AIM market of the London Stock Exchange.
Blackrock is an Irish-registered company that was incorporated for the purposes of effecting a demerger by Fyffes plc of its property undertaking. Fyffes shares were down 8c to €1.48 at close of business today.
