Day gets off to slow start as all eyes focus on Fed

It was another quiet day on the Dublin market, with all eyes on the US Federal Reserve's decision on interest rates today.

It was another quiet day on the Dublin market, with all eyes on the US Federal Reserve's decision on interest rates today.

Shares in Dublin closed marginally higher, with the ISEQ Index up 5.71 per cent at 5,857.35 with more buyers than sellers on the day supporting the market.

The market got off to a slow start - gradually improving as Wall Street opened stronger.

Bank of Ireland was firmer, adding 6 cents at €10.51, while AIB lost 4 cents to end at €12.21. First Active also made gains with the shares going ahead by 6 cent to €3.37. Irish Life and Permanent dropped 5 cents to €13.25.

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CRH had a good run, with the shares going some 30 cents stronger to €20.30. Smurfit closed at €2.34, down one cent.

Fyffes continued to make progress, with the shares adding one cent to close at €1.31.

The food stocks were a mixed bag, with Glanbia up one cent to €1.04 and Golden Vale down one cent to €1.50.

Greencore shed 3 cents to €2.70, while Kerry was up 5 cents at €9.65.