ISEQ slips in early trading

The ISEQ has slipped in opening trading this morning, slipping 4.24 to 6,552.52 today.

The ISEQ has slipped in opening trading this morning, slipping 4.24 to 6,552.52 today.

Allied Irish Bank shares have slipped 6c to €17.64 while Bank of Ireland shares are down 3c to €13.47.

Anglo Irish Bank shares climbed 10c to €10.40. Irish Life & Permanent has fallen 12c to €14.45.

Elsewhere shares in Ryanair have edged 3c higher to €6.48 today. Ryanair will release traffic data for June this week. In the first two months of the quarter (April and May) volumes grew 28%.

The news also comes as data today revealed no-frills carriers are offering 2.5 million more low-cost seats on flights within Europe in July 2005 compared with July 2004.

UTV shares have climbed 9c higher to €6.94 as speculation ITV is the subject of an approach from Time Warner, Goldman Sachs and Apax Partners.

Shares in technology company IONA have fallen 17c to €2.23 today.

The most traded shares today are Jury's Doyle Group, Grafton, AIB, Anglo Irish Bank and Bank of Ireland.

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