ISEQ makes steady start to week
04/07/2005 - 18:21:17The ISEQ index of shares held its ground today, slipping back just 1.7 points to 6555.06.
Allied Irish Bank shares recovered from early losses to close up 5c at €17.75. Meanwhile, Anglo Irish was up 13c to €10.43.
The other financials, however, were in the red with Irish Life & Permanent falling 27c to €14.30 and Bank of Ireland falling 2c to €13.48.
Elsewhere shares in Ryanair edged 5c higher to €6.50 today. Ryanair will release traffic data for June this week. In the first two months of the quarter (April and May) volumes grew 28%.
The news also comes as data today revealed no-frills carriers are offering 2.5 million more low-cost seats on flights within Europe in July 2005 compared with July 2004.
UTV shares have climbed 9c higher to €6.94 as speculation ITV is the subject of an approach from Time Warner, Goldman Sachs and Apax Partners.
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