TRADING was light on the Dublin market but Independent shone through an otherwise thin day as the ever growing media company reported record results.

Independent leapt 26p to close at 490p after the company announced that its pre tax profits had increased by 33 per cent to £50 million. Group turnover increased 36 per cent to £368 million, while operating profits were up 21 per cent to £49 million. The results included firs time contributions from the company's South African and New Zealand acquisitions.

Most of the leading blue chip stocks edged slightly upwards, while a number of second liners also traded up during the day.

Among the financials Bank of Ireland was 3p better at 418p, while AIB closed up 1p at 317p. Irish Life was 1 1/2p stronger at 252 1/2p, while Irish Permanent closed up 2p at 375p. Anglo Irish Bank fell back to 56.11p, having opened at 58p.

CRH was 2p better at 552p, while Smurfit - one of the few leaders to fall back during the session - was 1p weaker at 150p.

Inishtech was up 15p to 550p - the price offered by the Crean buy out deal - while Crean was up 5p at 225p.

Several food stocks slipped back possibly still feeling the ill effects of the British BSE scare Avonmore fell 3p to 135p, news of a strategic alliance Mid America est US dairy co op.

Foods was 10p weaker at 100p while Golden Vale fell 1p to However, Kerry closed 10p stronger at 540p.

Arcon was up 3p to 35p as the market digested the statement that recent yielded a 25 per cent increase reserves at its Galmoy ore body.

The electrical and security equipment company Silvermines also reported improved - yesterday as pre tax profits by 40 per cent to £3.5 million in 1995. Despite the better results, the company closed unchanged at 82p.