Market rocked by heavy losses

THE Dublin market, like all major European bourses on yesterday, were hit by heavy losses.

The news came as world markets digested news that shares in the Chinese market fell almost 10% on Monday night. The ISEQ index careered to a 348.25 loss to close the session at 9,536.23.

AIB and Bank of Ireland were 97c and 80c lower at €22.48 and €17.60. Anglo-Irish and Irish Life and Permanent also fell 45c and 85c.