Market records marginal gain

THE ISEQ index edged up 15.78 points to 3,385.67 yesterday as investors gambled that the world economy and especially the US is on the verge of a strong recovery.

The main markets throughout Europe rallied on renewed global economic optimism as investors look to this week’s Group 20 summit and an interest rate meeting in the US.

In the financial sector, AIB declined 9c to €3.10, Bank of Ireland dipped 2c to €3.05, Irish Life & Permanent jumped 50c to €5.70, while insurance group FBD Holdings added 4c to €8.