Market down in line with peers

THE ISEQ index weakened in line with other European markets yesterday, down 87.21 to 2,434.08.

Concerns that the US could be heading into recession after weaker- than-expected payroll figures and news the EU services sector slumped in August led markets sharply lower.

In the financial sector, Bank of Ireland dipped 1c to 7.8c. AIB was level at 0.39c. Irish Life & Permanent wasunchanged at 3c, while insurance group FBD Holdings was 10c weaker at €6.50.