Airline and banks shares slide as volcanic ash woes see ISEQ tumble

BANKS and airlines had a bad day on the stockmarket yesterday as Ireland’s ISEQ Index slid 4.2%.

As shares resumed trading after the bank holiday weekend many of the bigger firms found their stock falling more than 5%.

AIB was down 5.6% to €1.35, while Bank of Ireland plunged close to 8% to €1.54. Irish Life and Permanent also suffered, falling 7.5% to €2.81.