ISEQ down in morning trade
The ISEQ index of Irish shares is in a downward trend this morning, down 24.27 points to 6461.38.
Two heavy-hitters - Anglo Irish Bank and Elan - saw heavy falls of 37 cent and 45 cent apiece.
Insurance and financial services group FBD reversed the trend somewhat with an 80-cent surge upwards.
Movement in other shares was more modest. AIB fell three cent to €15.47, while Bank of Ireland was down two cent to €12.48.
In one good news story for the market, increased demand in the IT, telecoms and finance sectors secured a more-than-doubling of first-half, before-tax profits for recruitment company CPL Resources.
Before-tax profits for the half-year to the end of December were up from €900,000 to €2.4m.
The market responded to the news by raising the CPL share price by 13 cent to €1.64.
