ISEQ falls despite Elan and Jurys gains

The ISEQ has ended the day 8.82 points lower at 6019.66 despite substantial gains by Elan and Jurys today.

The ISEQ has ended the day 8.82 points lower at 6019.66 despite substantial gains by Elan and Jurys today.

The pharmaceutical giant had a good day as they recorded the highest rise on the stock exchange, a 48c rise to €5.30, while Jurys saw their share price climb 32c to €14.32 after the hotel group confirmed yesterday that it had received a takeover approach.

The Dublin index of shares wasn't helped by the financial stocks which all fell today.

AIB was down 10c to €16.40 while Bank of Ireland fell six cents to €12.22. Anglo Irish Bank dropped four cents to €9.56 and Irish Life and Permanent saw their share price fall seven cents to €12.98.

Drinks and snacks company C&C recouped some of their morning's losses to see their price finish 5c down to €3.25 after the announcement today of its first set of annual results since flotation.

Operating profit at the group was up 3.5% to €115.1m in the year to the end of February. C&C also reduced its net debt by €40m to €441m in the year.

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