ISEQ slumps again

The ISEQ index of Irish shares was down this morning, falling 335.51 points to 8365.62.

The ISEQ index of Irish shares was down this morning, falling 335.51 points to 8365.62.

Readymix has reported that their profits for the first half of 2007 have dropped by 9.6% compared to the same period 12 months ago.

Operating profits for the year stands at €9.1m, before non-recurring items are accounted for, while revenue is similar to last year, at €119m.

On the back of this the share price for Readymix slumped €0.17 to €2.00.

The financial houses were also heavily hit, falling between 4%-6%.

AIB were down €0.92 to 19.65 while Anglo fell €0.57 to €13.44. BoI plummeted €0.76 to €13.34 while IL&P were down €0.77 to €17.30.

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