Market climbs back above 3,000
Shares in AIB jumped 56c to €4.21, Bank of Ireland increased 67c to €2.30, Anglo Irish Bank gained 51c to €2.50, while Irish Life & Permanent moved up 55c to €2.70.
In the construction sector CRH added to yesterday’s gains with a further increase of 20c to €16.90, Kingspan shed 1c to €4.50, while Grafton Group dipped 5c to €2.35.
In other news, Independent News and Media jumped 14c to 64c after announcing that it is preparing to sell its 39.1% stake in Australasian radio and newspaper group APN to reduce its debt by about €800m.