ISEQ regains €2bn since new year with a 7% rise

THE ISEQ’s positive start to 2009 continued yesterday with a 3.4% rise, meaning that the Dublin market is up by nearly 7% already since the turn of the year.

This contrasts sharply with last month with December’s decline of 7.7%, bringing 2008’s total fall in value to 66.2%, representing the Irish market’s worst ever annual performance.

Amongst the notable climbers yesterday, was Anglo Irish Bank — which gained 14.14% — or 3c — to close at 22c. Bank of Ireland also gained 3c yesterday, to close at 92c. AIB was up by 3.51% — or 6c — at €1.77.