ISEQ up as Opec hints at fall in oil prices

CRH was among those on the up this morning as the ISEQ index gained 22.96 to 5,580.04 amid positive signs from Opec.

CRH was among those on the up this morning as the ISEQ index gained 22.96 to 5,580.04 amid positive signs from Opec.

Global oil prices should soon fall, partly because of expected supply increases from Iraq, the head of the Opec cartel forecast today.

Building materials provider CRH added 14c to its share price to stand at €19.06 at 11am.

There was little movement among the financials. AIB and Bank of Ireland both gained 1c to €13.27 and €11.30 respectively. Anglo Irish and Irish Life & Permanent were both static at €14.35 and €12.45.

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