Drug, financial stocks lead ISEQ down

The ISEQ index of shares was down 66.67 points this morning led mainly by weakened drugs and financials.

The ISEQ index of shares was down 66.67 points this morning led mainly by weakened drugs and financials.

AIB fell 20 cents to euro 10.30, Bank of Ireland fell 32 cents to euro 8.60, and Irish Life and Permanent fell by 12 cents to euro 10.05. But Anglo Irish bucked the trend and rose 10 cents to 2.85.

Elan fell by 30 cent to euro 51.50, and Galen dropped 3 cents to euro 11.47. Food stocks were weaker: Glanbia fell by 2 cents to euro 1.14.

Construction and property were mixed. Green Property fell by 10 cents to euro 590, CRH was up by 11 cents to 1805 and Grafton added 9 cents to euro 299.

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Tech group Iona fell back on yesterday's gains, falling by 50 cents to euro 11.00.

Ryanair rose 10 cents to euro 9.10, but Eircom was down 2 cents to euro 1.31 as it faces a High Court battle today with the Office of the Director of Telecommunications Regulations over the unbundling of the local loop.