Market gains on low volumes

THE ISEQ posted a slight gain of 0.27 points to 2,965.12 in light trading yesterday.

World shares hit their highest level in almost three years, driven by strong commodity prices, while expectations of further euro zone rate hikes pushed the euro to a 15-month peak versus the dollar.

In the financial sector, AIB fell 1.9c to 28c. Bank ofIreland dipped 0.4c to 29.6c. Irish Life & Permanent decreased 0.1c to 13.5c, while insurance company FBD Holdings added 1c to €7.50.