Irish share values make dramatic gains as regulator agrees to probe false rumour claims

IRISH share prices soared by 5.47% yesterday gaining €3.4 billion in value.

The huge gains followed the announcement by the Financial Regulator, late yesterday afternoon, that it would cooperate with the British authorities to rid the market of false rumours and unjustified share speculation in British and Irish shares.

Share values made one of their biggest gains of recent times rising by €3.4 billion and eroding much of the losses of the past week.