ISEQ up on good banking news

The ISEQ index was up 67.93 points at 6061.4 at 10.30am today.

The ISEQ index was up 67.93 points at 6061.4 at 10.30am today.

Elan was up 49c (92%) at €5.84 this morning. Jury’s Doyle was also on the up, gaining 90c (6.3%) to €15.10.

Building materials group CRH was up 32c (1.6%) at €19.80.

The financials were also up. Anglo Irish Bank rose 15c (1.6%) to €9.50. Irish Life & Permanent was up 15c (1.2%) at €13.20 following this morning’s news that the group has raised €470.5m in a fundraising exercise in Asia. It was the morning’s busiest share.

Bank of Ireland was 14c (1.2%) in the black at €12.36, as it announced increased profits to the end of March this year of 13%.

AIB was up 13c at €16.45.

Following this morning’s EGM, at which Ryanair was given the go-ahead by its shareholders to purchase €3.1bn worth of new planes from Boeing, the airline’s share price was up 5c at €5.80.

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