Well over €1bn wiped off Irish stocks

WELL over €1 billion was wiped off the Irish stock market yesterday which suffered a dip of 1.7% on the day.

Since the end of February the ISEQ has lost close to €10.3 billion or 12% of its value as investors look elsewhere for better returns.

Stuart Draper, head of research at Dolmen Butler Briscoe says it is not as major surprise to him.