Market report: BoI stock up in morning trade
Bank of Ireland stock rose three cent to €10 in morning trade today, after the group announced a 6% rise in profits in the first half of the year.
Profits before tax were up 6% from €670m in the six months to the end of September last year to €713m this year. The bank said profits on ordinary activities before exceptional items were up 5% to €676m.
AIB stock was up four cent to €14.32, while Anglo Irish Bank saw stock go up six cent to €15.76. Irish Life and Permanent bucked the positive trend among the financials by falling 10 cent to €13.55.
Elan shares were set back 26 cent to €22.54 in morning trade.
Over all, the ISEQ is trading at 5,985.16, up 12.68 points.
