DUBLIN REPORT: Iseq:2,899.81 ( -57.54) Settlement date:November 20th

DUBLIN'S ISEQ index finished lower yesterday in line with other European markets as financials continued to give up ground and index heavyweight CRH fell off towards the end of the session.

Irish Life and Permanent's interim management statement released yesterday morning set the tone for the day.

IL&P's announcement that it had raised its impairment provisions for the second half of 2009 and that margins would be tighter than expected sent the share price down throughout the session. The stock closed 13.5 per cent lower at €3.82, a fall of almost 60 cents.

Other financials were down on the back of IL&P's falls. AIBclosed almost 3 per cent lower at €1.75 as controversy about the appointment and remuneration of the bank's incoming chief executive rumbled on throughout the day.

Bank of Irelandwas off 4 per cent on the day, closing at €1.65, a fall of 7 cents.

Ferry group Irish Continental Groupwas also the focus of investor attention as developer Liam Carroll's 29 per cent shareholding in the company crossed at €12.20. The share price ended the day 1.5 per cent lower at €13.20.

Construction giant CRHfinished the session at the lower end of the scale, having traded closer to €17.40 during the session. It closed 33 cents off at €17.16.

Kingspanfailed to sustain the gains it enjoyed on Monday following its trading update. It shed almost 1.5 per cent in yesterday's session to close at €5.54.

Few stocks ended the session in positive territory yesterday, with most of the gains made on low volumes. Pharmaceutical company Elanput in a solid performance, however, remaining higher throughout the session, although falling back slightly to end the day 4 cents up at €4.35.

Overall, traders noted that markets continued to be weak, with trading volumes very light.