Market up €1bn as investors take advantage of lower prices

THE Irish stock market clawed back some of Monday’s losses yesterday as investors took the opportunity to buy shares at what many regard as attractive prices.

At the end of trading the ISEQ 100 index up nearly 1% on the day, putting back about €1 billion of the €4.5bn it lost on Monday.

Assurances that Northern Rock wasn’t about to go under also helped to calm investor nerves.