For the fifth day in a row, the ISEQ found itself in negative territory as it closed the day down more than 103 points at 5,995.44.
In line with other national indexes, the Dublin market opened the day weaker – a carry over from GE Capital's poor numbers last Friday.
Further bad news from Wachovia Bank in the US weighed down all markets and the ISEQ was no exception with the negative sentiment remaining for the rest of the day.
DCC, which earlier in the day announced that it was to pay €41million in costs and interest to Fyffes, traded down on the day. It lost 4.5 per cent to €14.25 although volumes were fairly light at 170,000 shares.
Traders said the weakness in its price was more to do with its exposure to sterling than the settlement which had already been included in its accounts and factored in by the market.
Fyffes closed the day unchanged at 88 cents with around 150,000 shares changing hands.
Elsewhere financials closed the day down, with Anglo Irish Bank coming under greatest pressure. It shed more than 4 per cent to close the day at €7.73. AIB lost 22 cents to €12.95. Bank of Ireland was off 19 cents to €9.
Among the winners on the day were C&C which tacked on 6 cents to €4 with reasonable volumes traded, while Greencore was up 5 cents at €4.07.