ISEQ slips into negative territory

The ISEQ slipped into negative territory this morning dropping 7.94 points to 8203.76 on foot of half yearly results form mining company Glencar.

The ISEQ slipped into negative territory this morning dropping 7.94 points to 8203.76 on foot of half yearly results form mining company Glencar.

The Exploration firm announced a loss of $781,312 (€616,700) for the six months to the end of June, up from $229,198 (€180,900) the same time last year.

The loss includes the cost of the issue of share options to directors and others under the company's share option scheme.

On the financial front AIB crept up 8c to €21.00 while Bank of Ireland made a small increase climbing 1c to €15.40. Meanwhile Anglo Irish Bank came to a standstill levelling off at €12.90.

IL&P also failed to give investors anything to shout about falling 8c to €19.76

Aer Lingus battles on as a the most recent addition to the ISEQ index coming to a halt this morning at €2.45.

Meanwhile ISEQ veteran Ryanair set an example for the newcomer charging ahead by 10c to €8.38.

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