Iseq: 2,145.89 (-17.52) at 1.pm:The Dublin market failed to capitalise on the boost it received yesterday with financials putting in a mixed performance this morning.
The Iseq index of leading shares ended in positive territory last night as bank shares and CRH gaining after the US formally announced plans to buy up to €1 trillion of toxic assets. However, such gains were short-lived as CRH, which derives half of its profits from the US, declined 14c to €16.30 today and banks lost ground.
In the banking sector, AIB was trading down 3c at €0.66 while Bank of Ireland was up was up 5c at €0.57 and Irish Life Permanent rose 6c to €1.33.
Elsewhere, industrial holdings group DCC was down 46c at €11.35, bakery group Aryzta declined 7c to €16.88 and insurer FBD climbed 20c to €6.01.
Troubled house builder McInerney, which yesterday reported operating losses of €28 million and a pretax shortfall of almost €47 million for 2008, was flat at 9c.
Oil and gas exploration company Dragon Oil, which today said that an investigation into purchasing irregularities at the group would not affect its financial position, was down 3c at €1.96.
At 10.05 am, the pan-European FTSEurofirst 300 index was down 0.1 per cent at 738.76 points.
Across Europe, the FTSE 100 index was down 1.2 per cent, Germany's DAX was up 0.1 per cent and France's CAC 40 lost 0.2 per cent.
