ISEQ stumbles in early morning trading
The Dublin stock exchange has stumbled slightly at the start of today with a 6.37-point fall to 6,517.60 by 11am.
The heaviest faller of the day so far has been building materials group Grafton who saw their share price tumble 24 points to €8.94. The group earlier announced that trading for the first six months of the year was in line with market expectations. The building materials and DIY group said Heiton had performed ahead of last year’s levels since it was bought in January.
Rivals CRH had a 12 cent rise in their price to €21.80.
Financials were mainly in the red with AIB the only positive note in the sector albeit with a one cent rise to €17.68. Both Bank of Ireland and Irish Life and Permanent had seven cent falls to €13.35 and €14.35 respectively, while Anglo Irish Bank fell six cents to €10.26.
Business support group DCC have recorded the highest rise so far with a 25c increase to €17.25.
Other major risers were food firm Kerry Group, up 15c to €20.50, and Paddy Power, up 13c to €14.18.
Trading was brisk in the shares of Grafton Group, CRH, Bank of Ireland, IAWS Group and FBD Holdings.
