ISEQ closes under par
The Dublin market closed under par as bank stocks fell. At the end of the day the ISEQ was down 10.98 points, or -0.24%, at 4,625.694 points.
The financial sector did not fare well with Shares in Bank of Ireland falling €0.10 to €10.38 this evening, after news of the closure of 36 branches at its Bristol & West mortgage division in the UK.
Also in the financial sector, AIB sank €0.12 to 12.38 on yesterdays close.
Construction stocks were mixed, with sector leader CRH up €0.14 ahead to €15.89 and Heiton down €0.02 to €3.48. McInerney was up €0.05 at €3.90, as Grafton sank €0.08 to €5.33.
Kingspan surged ,after the company said it won a binding arbitration award of more than USD$40 m in the United States . Shares were trading at €3.68, up €0.23 or 6.67% percent
Adding to the upside in Dublin, Ryanair rose €0.13, or 2.4% to €6.53, and Grafton group was up €0.08 to €5.33 ahead of the previous days close.
