DUBLIN REPORT: Iseq:2,669.06 (+7.03) Settlement date:October 7th

THE COMBINATION of it being Monday and the Ryder Cup being under way in Wales were offered by one trader as the reason for the low level of activity on the Dublin market yesterday.

Trading across Europe was very quiet for the same reason, he suggested, so Graeme McDowell's sinking of the decisive putt to give Europe victory no doubt went down well in exchanges across the continent.

Drinks group C&C was among the few Irish-listed companies to have its shares trade in any volume. Slightly over four million shares changed hands and the stock ended the day at €3.13, a rise of two cent or 0.64 per cent.

Ryanair and DCC stocks maintained their weekly average in terms of volume. In the case of the airline, news released during the afternoon concerning its load figures for September provided the stock with a late fillip.

The airline's load factor for September rose to 86 per cent from 85 per cent last year. The share price jumped to €3.90 but was back at €3.86 at close of business. That represented a rise of 0.52 per cent.

Aer Lingus rose by 0.48 per cent during the day, to close at €1.05, though less than one million shares were traded.

DCC closed the day at €20.44, a drop of €0.16 or 0.78 per cent.

Irish bonds were again moving in the right direction in terms of the spread against their German counterparts and this provided a boost to Bank of Ireland stock.

It closed the day up 2.83 per cent, at €0.65. AIB ended at €0.47, a drop of 0.84 per cent. Bank of Ireland's market capitalisation at close of business was €3.4 billion compared to AIB's value of half a billion.

Irish Life & Permanent fell 1.2 per cent, to finish at €1.39.

CRH finished the day at €12.03, a rise of 1.18 per cent while Kingspan added 1.48 per cent to close at €5.84.