Market Report:The numbers of shares traded in Dublin was relatively low yesterday, but the Irish market recovered some of the ground lost on Thursday.
Ryanair gained a bit of altitude after a week when it ran into more than a little turbulence after warning on Monday that a recession could hit earnings.
The stock gained 12 cent, or 3.53 per cent, to close at €3.52, with close to five million shares traded in Dublin.
International building materials group CRH also built on some of the ground it had lost during the week, adding 25 cent, or just more than 1 per cent, to close at €23.66.
Volumes were light in comparison to the numbers of shares traded during the week, with more than 1.2 million units changing hands.
Cider maker C&C endured an up-and-down day, partly sparked by research suggesting that it lost some market share in Britain during January.
Dealers were sceptical of the report's findings, pointing out that it was making comparisons with the performance of C&C's Bulmers/Magners brand in December.
The stock was alternately bought and sold during the day before ending 10.1 cent down at €4.207, a loss of 2.34 per cent. The trades totalled 1.7 million shares by the end of the day.
Financial stocks endured a mixed day. Bank of Ireland, which was largely sold during the week, recovered slightly, adding 15.6 cent to close at €9.59. Volumes were relatively light, with 2.73 million shares changing hands.
AIB added 11 cent to close at €14.58. However, Anglo Irish Bank shed 11.4 cent to close at €9.636, while Irish Life & Permanent's shares price fell by 15 cent, or 1.44 per cent, to close at €10.30.
