Good gain for ISEQ
The value of Irish shares continued its revival today, gaining more than 2%.
The ISEQ index was up 80.43 points to 3.022.90.
There were mixed fortunes for the financials. Irish Life & Permanent was the star performer, gaining 35c to €4. Bank of Ireland also did well, climbing 20c to €2.35. The news was not as good for Allied Irish Bank, which lost 24c to €3.20. Anglo Irish Bank shed 17c to €2.12.
The food and drink sector did well generally. Kerry Group shot up 50c to €18.20, with Glanbia rising 16c to €3.16. C&C fell 11c to €1.36, despite relatively positive news in the Budget for cider prices.
Elan posted an impressive gain of 68c to €7.08. Icon shares shot up €2.30 to €26. In the construction sector, both Kingspan and CRH gained 43c to €5.55 and €17.02 respectively.
The energy sector saw some positive sentiment, as Tullow (up 75c to €6.90) and Dragon Oil (up 61c to €2.50) both gained ground.
FBD was one of the few fallers, slipping 25c to €12.
