ISEQ gains in morning trading
The ISEQ index of Irish shares has had a slight rise by gaining 9.45 points by 11.20am this morning.
The suspension of Anglo Irish Bank has had a negative knock-on effect on the rest of the financial heavyweights. AIB has slumped by 31c to €1.63, while Irish Life and Permanent fell 13c to €2.12. Bank of Ireland was down 7c to 83c.
The food sector is steady with Glanbia seeing a 5c gain to €2.60. Kerry Group followed suit by going up 4c to €14.59.
In the construction sector, CRH doing very well with a 53c gain to €18.09. Kingspan had a stable morning up 3c to €2.93, while Grafton lost ground by dropping 3c to €2 per share.
Ryanair was up 10c to €3.30 in morning trading.
United Drug climbed 9c to €2.59 after this morning's announcement that pre-tax profits had increased by 13% to €70.5m.
