Market continues advance

THE Irish index continued its upward trend as the banking stocks rallied ahead. The Dublin exchange jumped a further 131.47 to 9,222.3.

AIB ploughed 75c ahead reaching another high of €22.70. Bank of Ireland jumped 59c to €17.34. Anglo Irish added 13c to €15.63. Irish Life and Permanent was unchanged at €21.

Aer Lingus closed at €2.75 while Michael O’Leary sent another letter to shareholders stating a previous Aer Lingus circular failed to address significant issues Ryanair has raised.