Shares tumble in dismal day for ISEQ

AIB and Bank of Ireland led the sharp 4.5% drop on the Irish Stock Exchange in what was a dismal day for many Irish shares.

AIB fell 14% to 88c yesterday while Bank of Ireland slumped 18% to 95c.

The ISEQ index fell by 117.06 points to 2,493.68, which was in line with other European stock markets.