ISEQ dips in the morning

The ISEQ index of Irish shares was down this morning, falling 61.79 points to 6,186.12.

The ISEQ index of Irish shares was down this morning, falling 61.79 points to 6,186.12.

Aminex remained unchanged at €0.31 following revealing a drop in profits for 2007. Net loss for the company was US$3.27m (€2m) for 2007.

In more positive news the company revealed: New funds of US$29.3m (€18.6m) - before transaction charges - raised to finance exploration, significant discovery in Tanzania since the year and successful US drilling and material upgrade of US reserves.

The financial institutions had a bad start to the day. AIB was down €0.18 to €13.32 while Anglo fell €0.13 to €8.75.

IL&P also slipped €0.36 to €12.44 and BoI was down €0.07 to €9.69.

Net loss for the company was US$3.27m (€2m) for 2007.

Independent News & Media today announced that all the South African Regulatory approvals for INM’s acquisition of Clear Channel Outdoor’s 50% interest in Clear Channel Independent have been received and the acquisition has been finalised. On foot of the announcement the company moved into positive territory with a €0.07 increase to €1.91.

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