ISEQ down today

The ISEQ index of shares slipped back from the 8000 mark today, down 9.17 to 7987.75.

The ISEQ index of shares slipped back from the 8000 mark today, down 9.17 to 7987.75.

It was a mixed day for the financials. Irish Life & Permanent was up 6c to €20.85, as Anglo Irish gained 2c to €13.82.

Bank of Ireland was down 1c to €14.69, while AIB shed 2c to close at €18.95.

Shares at Fyffes were up 1c to €2.05 today as it gave investors details of its new property company, Blackrock plc, at today's EGM.

Blackrock will be a separately-listed company, with 60% direct ownership by existing Fyffes shareholders and 40% indirect through Fyffes investment.

It will have initial net assets of €207m, and properties in Ireland and the UK.

Developments planned include a residential project at Edinburgh Food Market and retail schemes in Navan and Belfast.

Meanwhile, C&C shares were up 20c to €6.50, having revealed profits up 13% for the year ending February 28.

Earlier, Kingspan confirmed it is in talks with the owners of the Hytherm/Xtratherm Group regarding the ISEQ-listed company’s potential acquisition of the group. Shares at Kingspan fell 26c to €13.65 today.

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