ISEQ down almost 10 points
The ISEQ index of Irish shares had a poor morning, sliding 9.65 points to 6150.9.
Food group IAWS, however, had a productive morning, up 20c (1.7%) at €12.20.
Elan continued to slide, dropping 20c (1%) to stand at €19.40 at 10.30am.
The banks had mixed performances this morning, with AIB down 8c to €14.87, Anglo Irish Bank, the morning’s top-traded share, down 7c to €17.80, Irish Life and Permanent down 4c to €12.01 and Bank of Ireland up 4c at €14.87.
Irish Continental rose 5c to €11.30 as unions and management at Irish Ferries went to the Labour Relations Commission for talks.
Kingspan was also up 5c this morning, to €7.15. The building company announced funding of €350m from a syndicated credit facility this morning. CRH was up 3c at €19.87.
Tesco was steady at €4.14. The supermarket giant announced the upcoming appointment of the Guardian’s Carolyn McCall as non-executive director.
