Markets

Markets Update: FTSE starts on the back foot despite Barclays boost

On the Iseq, AIB was down 0.7 per cent and Bank of Ireland was unmoved despite their UK peers being pulled up with Barclays’ results

The Iseq All Share and FTSE edged down on Tuesday morning. Picture: Getty

The Iseq All Share and the FTSE edged down on Tuesday morning, with a mixed bag for Ireland’s banks despite financials in the UK getting a bump from Barclays.

Irish stocks were down 0.4 per cent with the Iseq at 9,394.48 on, while the FTSE pulled back 0.24 per cent to 7,710.79.

Permanent TSB was the top riser in Ireland up 1.9 per cent, followed by small gains from Kerry Group and Dalata both up ...