Market falls amid heavy trading

THE ISEQ Index suffered significant losses yesterday with the financial stocks driving the market lower.

The Dublin Exchange closed down 163.33 points to 9,501.92.

Leading banks AIB and Bank of Ireland shed 62c and 43c to €21.15 and €15.50 respectively. Anglo-Irish was another notable loser dropping 38c to €15.55 with over 7.2 million shares traded. &

In construction CRH declined by 54c to €37.11 as speculation grew that the company could be broken up and its US business floated off. Kingspan lost 53c to €20.70.