Bourse hit by global drop

THE ISEQ index followed the continuing global trend slipping 42.75 points lower to 4348.6.

The financial index closed 30.79 points lower at 8718.69.

Bank of Ireland fell 34c to 11.36 and First Active lost 15c to 4.35. Both Allied Irish Bank and Irish Life and Permanent closed 12c lower at 12.63 and 13.68 respectively. However, Anglo Irish Bank bucked the trend rising 1c to 6.41 and IFG Group gained 5c to 1.50.