Financials help ISEQ to 89-point increase

The Irish stock exchange soared almost 90 points ahead by the end of today's trading boosted by gains in the financial sector.

The Irish stock exchange soared almost 90 points ahead by the end of today's trading boosted by gains in the financial sector.

The ISEQ finished the day at 8,720.4 after a 89.54 rise.

The financial sector was the biggesd contributor to the increase with Allied Irish Bank doing well, shooting up 40c to €21.50.

Anglo Irish Bank also gained some ground (up 15c to €14.60) while the Bank of Ireland climbed 18c to €15.78. However, Irish Life & Permanent bucked the trend with a nine cent drop to €18.76.

There was a mixed day in the construction sector as CRH ended with a 21c fall to €27.79 while Kingspan climbed 31c to €16.61.

Which was the same amount that shipping group Irish Continental rose to stand at €13.30 while drinks company C&C flew up 26c to €12.95.

Elsewhere, food group IAWS went up 19c to €17.19 and pharmaceutical firm Elan stodd at €11.33 after a rise of 18c.

Low-cost airline Ryanair saw their share price go up 15c to €9.43 while Aer Lingus slipped two cents to €2.84.

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