ISEQ fall continues

Dublin's ISEQ index fell further this morning after continued oil price anxiety pushed the Dublin market more into the red.

Dublin's ISEQ index fell further this morning after continued oil price anxiety pushed the Dublin market more into the red.

The ISEQ was 19.67 points lower at 5356.27 in the morning's trading.

The biggest turnaround of the day has come at Elan who started off with a 20c rise today only to record a 23c fall at 11am annd stand at €16.90, while Paddy Power's good start, a 5c rise, has turned into a 20c fall to see the firm at €9.75.

Financials continued to fall with AIB going down 18c to €12.72 and Bank of Ireland recovering from a 10c fall at the start of trading to be currently 3c down at €10.87. After starting off in the positive, fortunes have turned at Anglo Irish Bank who are now back to yesterday's price 0f €13.10 while Irish Life and Permanent are currently the biggest loser in the financials after a 9c rise earlier on to stand at €12.45.

Irish Continental continued to tumble, recording a 20c fall to stand at €9.65 so far.

The day's big risers so far are FBD and Ardagh. The Insurance and financial services group climbed 20c to stand at €15.20 while the Glassware firm has gone up by 15c to €1.50.

DCC remain up 15c to €14.50. The sales and distribution company snapped up control of frozen foods specialist Allied Foods for €14.5m yesterday.

Kerry Group also went up by 10c to €17.50.

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