ISEQ regains composure
The Irish Stock Exchange today steadied somewhat from some large recent losses, but still fell 44.60 points to end at 9431.07.
In the financial sector, only Anglo Irish Bank continued the disastrous run of late, slumping 43c to €16.59. Irish Life & Permanent slipped slightly by 9c to €18.89, but there were modest gains elsewhere, with Bank of Ireland inching up 5c to €15.20, and Allied Irish Bank finishing up 2c to €21.20.
There was little reprieve for construction companies however, with CRH taking a 35c hit to fall to €35.60. Grafton also endured a big loss, down 20c to €10.95. Abbey was down 10c to €10.50.
The biggest loss of the day came in the food and drink sector, with IAWS plummeting 82c to €16.50. C&C’s recent slide slowed, edging down just 10c to €11.20. There was good news for Greencore however, gaining 20c to €5.
The technology sector suffered today, with DCC sliding a full 73c to €23.90. Icon also fared badly, dropping 40c to €32.90.
Elsewhere, there was some significant losses for CPL Resources (down 32c to €7.30) and FBD (down 25c to €34.25).
Following some bad trading sessions recently, Irish Continental Group recovered impressively, gaining 72c to €20.80.
