ISEQ stable despite AIB share plunge

A DISMAL performance from AIB, which had its recapitalisation programme approved, failed to push Irish stocks into negative territory yesterday.

Strong gains from CRH and Elan helped offset the 11% drop in AIB’s share price to €1.02.

The ISEQ closed 10 points higher at 2,611 as Bank of Ireland gained 2% to €1.17 and Irish Life and Permanent increased 1% to €2.73.