ISEQ enjoys close in positive territory
The ISEQ rose 64.36 points on Wednesday to close at 5220.25.
Shares in Gresham were down 2c to €1.30 today.
This came amid news the directors of Precinct - the company behind a bid for the Gresham hotel group - have posted copies of the Offer Document to the company's shareholders.
Meanwhile Bank of Ireland's Property review will leave mortgage lenders feeling happy with themselves.
It stated that mortgage indebtedness was not excessive and that the Irish public 'shows no sign of flagging in its desire to acquire mortgage debt'.
The news saw all financial stock rise on the Iseq.
AIB climbed 26c to €11.98, Bank of Ireland rose 18c to €10.10, Anglo Irish Bank reported a 16c hike to €13.06 while Irish Life and Permanent was up 7c to €12.29.
Tullow and Kingspan, who host an EGM and AGM respectively tomorrow, saw their stock up 4c to €1.52 and 3c to €4.71.
Pharmaceutical firm Elan continued to soar on the news of its Antegren Multiple Sclerosis trials.
Its stock was up 81c to €18.86 at close of business.
Independent News and Media rose 4c to €1.94 buoyed by the completion of its controversial 'voluntary' redundancy programme last week.
