The ISEQ index had performed well in early trading this morning, gaining 79.65 points to 6,303.63 by 11.15am today.
The financials all did well, particularly Irish Life & Permanent, which gained 30c to €12.90. Allied Irish Bank (up 20c to €13.67), Anglo Irish Bank (up 15c to €8.85) and Bank of Ireland (up 14c to €9.83) all showed positive movement.
The biggest gains of the day so far came in the food and drink sector, with Iaws leading the way, up 50c to €15.39. Kerry Group was not far behind, shooting up 40c to €19.66. Glanbia did not fare as well however, falling 12c to €5.18.
Independent News & Media climbed 17c to €1.90 after announcing positive results this morning.
Other significant gains included Paddy Power (up 35c to €23.91), CRH (up 26c to €24.21) and CPL (up 20c to €4).