Financials lift Iseq up by over 2%

The Dublin Stock Exchange outperformed most of its European counterparts today, gaining more than 2 per cent while most others…

The Dublin Stock Exchange outperformed most of its European counterparts today, gaining more than 2 per cent while most others remained flat.

The day was driven by trading in the financials with Anglo Irish Bank doing particular well and ending the day up 6.7 per cent.

Elan Corporation also did well with the stock ending the day up 3.5 per cent on the back of speculation that the company would hive off its drug delivery arm into a separate entity.

Dragon Oil ended the day up 3.4 per cent on the back of the continued rise in oil prices.

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Colm Keena

Colm Keena

Colm Keena is an Irish Times journalist. He was previously legal-affairs correspondent and public-affairs correspondent