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Business: The Iseq index of Irish shares was up 48

The main movers on the Dublin stock exchange were: Allied Irish Banks , down 12; Bank of Ireland, down 85; Bord Telecom, up 9; Irish Life and Permanent, down 17.

The Iseq index of Irish shares was up 48; the FT100 was down 79; and the Dow Jones was down 21.

The Irish pound is wroth 82 pence sterling and one dollar 30 cents.try to increase their stakes in the company.