ISEQ up in early trading

The ISEQ index of Irish shares was valued at 2,917.19 points at 11.45am this morning, a rise of 19.01 or 0.66% in early trading.

ISEQ up in early trading

The ISEQ index of Irish shares was valued at 2,917.19 points at 11.45am this morning, a rise of 19.01 or 0.66% in early trading.

On a busy day for financial results, AIB was up 4c to €1.04 despite posting a €2.65bn pre-tax loss for 2009, the first in its history. Paddy Power, which saw profits slip by 15% in the year, added 80c or 3.47% to €23.85 as investors reacted to positive developments at home and abroad, while CRH lifted 13c to €17.02 after posting a €732m pre-tax profit.

Elsewhere, Aryzta added 30c to €27.80; Kingspan was up 10c to €5.65 and Ryanair climbed 9c to €3.58.

Bank of Ireland was also up, adding 3c to €1.01, while Irish Life & Permanent lifted 9c to €2.82.

On the fallers' board, Kerry Group slipped 11c to €23.66; FBD was down 10c to €5.70; DCC was also down, to €19.05, and Smurfit Kappa shed 8c to €6.01.

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