Dublin down as US plunges

IRISH shares finished the week in negative territory yesterday, closing down almost 4% yesterday as bank shares again plunged.

Irish Life and Permanent fell more than 17% to €1.04 while AIB lost 7% to 60 cent and Bank of Ireland fell 2c to 34c on a day the ISEQ ended down 94 points at 2,077.

Elsewhere, CRH dropped almost 7% to €15.22 and Elan lost 8% to €5.13.