ISEQ back in the red

The ISEQ index of shares fell back from yesterday's highs, ending today's session down 32.88 points at 7889.3.

The ISEQ index of shares fell back from yesterday's highs, ending today's session down 32.88 points at 7889.3.

The financials bore much of the brunt, with Irish Life & Permanent shedding 30c to close at €20.15.

AIB was down 12c to €18.83, Bank of Ireland lost 9c to €14.58, while Anglo Irish Bank ended the day at €12.93 after losing 7c.

It was also a torrid day for oil stocks. Dragon Oil was down 18c to €2.75, while Tullow Oil also shed 18c to €5.89.

On a brighter note, bookmaker Padd Power built on yesterday's gains with a rise of 20c to €14.16.

Meanwhile, shares at glassware company South Wharf plc were up 5c to €4.40 as it reported an increase in turnover of €300,000 to €1.2m.

The company said the increase reflected sales of glass manufactured at Ringsend, Dublin.

Losses after interest and tax for the year was €2.4m compared to a profit of €1.1m last year.

The company said it might be possible to increase capacity by means of the production facilities of Ardagh Glass.

more courts articles

DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers DUP calls for measures to prevent Northern Ireland from becoming 'magnet' for asylum seekers
UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules UK's Illegal Migration Act should be disapplied in Northern Ireland, judge rules
Former prisoner given indefinite hospital order for killing Irishman in London Former prisoner given indefinite hospital order for killing Irishman in London

More in this section

Joe Biden Biden increases tariffs on Chinese imports of electric cars and chips
Construction - digger working at building site on sunny day Large investment funds eye office and data centre projects now interest rates are about to turn
Housing and renewable energy remain key focus for Cork businesses amid election season Housing and renewable energy remain key focus for Cork businesses amid election season
IE logo
Devices


UNLIMITED ACCESS TO THE IRISH EXAMINER FOR TEAMS AND ORGANISATIONS
FIND OUT MORE

The Business Hub
Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Sign up
ie logo
Puzzles Logo

Play digital puzzles like crosswords, sudoku and a variety of word games including the popular Word Wheel

Lunchtime News
Newsletter

Keep up with the stories of the day with our lunchtime news wrap.

Sign up
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited