The ISEQ regained some of Thursday's losses in a typical `Friday feeling' day of quiet trading which saw buyers come back in after the disquiet had subsided. Dealers said the shock had been absorbed by Thursday afternoon, and the day's scare in Wall Street when production prices were higher than expected had no impact in Dublin.
Volume trading yesterday was in the bigger stocks with Bank of Ireland trading up 5p to 875p after it dropped 32p over two days this week.
AIB trade, however, was "fairly flat", and it ended 2p down at 598p in small volume. Irish Permanent had three deals but held its 687p. Irish Life also held onto its 353p share price with three deals. The IAWS group saw some further interest after its Cuisine de France acquisition announcement on Monday. IAWS traded up 13p to 255p, after opening this week at 232p. There was considerable interest in Independent which saw six deals, with the price closing 10p down to 390p.
Smurfit too saw some attention, although its price remained unchanged after seven deals, while Crean was down 5p to 145p.
Kingspan ended 45p up at 1220p, while CRH closed slightly up at 717p sterling (796p). Greencore, after slipping 5p on Thursday, gained 3p to close at 323p.
Dealers said Elan traded well in New York, ahead of its third quarterly figures this month and amid speculation on significant new drugs announcements.
