Market gains ahead of Greek vote

THE ISEQ advanced 34.50 to 2,907.42 yesterday as investors await a vote of confidence in the Greek parliament.

Yesterday’s vote follows a eurozone ultimatum that Athens must approve a new five-year package of tough economic reforms in two weeks or lose a €12bn aid package that it needs to avoid bankruptcy.

In the financial sector, Bank of Ireland gained 0.2c to 12.9c. AIB added 0.1c to 16.1c. Irish Life & Permanent slipped 0.1c to 6.9c, while insurance company FBD Holdings was 1c off at €7.20.