PetroNeft main mover on flat Iseq

Iseq: 2,674.19 (-10.69)

Iseq: 2,674.19 (-10.69). Settlement date: October 22nd: The biggest mover on the Dublin market today was PetroNeft, although Ryanair and CRH also found favour on a flat day's trading.

PetroNeft’s stock was up 7.2 per cent at 59 cent a day after news broke that a planned $43 million share placing had been over subscribed.

Building materials group CRH, the largest constituent on the exchange, made gains of 1.2 per cent closing at €11.90, while Ryanair, which was one of the most traded stocks of the day closed up 0.7 per cent at €4.08.

Losses were more heavily weighted towards the financial sector with Bank of Ireland and AIB both in negative territory. Bank of Ireland fared worst among these stocks, falling 1.18 per cent to close at 39 cent, while AIB slipped 1 per to close at 39 cent.

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Irish Life and Permanent was the star performer among the financial stocks adding one cent to close at €1.60

Elsewhere, cement company Readymix, which is subject to a takeover approach by an unknown suitor, added 10.6 per cent to close at 26 cent. Drinks group C&C fell 3 cent to close at €3.10.

Total Produce gained 7.2 per cent to close at 37 cent while fruit distributor Fyffes, from which Total Produce was spun out in 2006, closed up 3.2 per cent at 32 cent.

The biggest fallers of the day were Greencore Group, which close down 2.8 per cent at €1.10, and Datalex which finished down €5.26 at 18 cent. Elan slipped 3.1 per cent to close at €4.24, while United Drug fell 1.2 per cent to €2.30.

Overall the Iseq index closed the session down 10.69 points or 0.4 per cent.