Market dips along with peers

THE Irish market closed in negative territory in line with other European bourses yesterday.

It dropped 279 points to 7,021 as the banking and construction stocks suffered a sharp decline.

AIB dropped 57c to €15.58. Bank of Ireland was 42c worse off at €10.17. Irish Life and Permanent and Anglo finished 90c and 50c lower at €12.46 and €10.85.