Market falls in nervous trading

THE ISEQ index dropped a further 3.57 points to 2,881.87 as nervous investors sold off AIB stock after the Government increased it’s stake in the bank to 49.9%.

In the financial sector, Ireland's former leading bank AIB shed 7.9c to 32.1c.

Following an application to the High Court the Government is to pump a further €3.7 billion into the bank to further boost its capital levels ahead of the year end deadline set by the Central Bank.