Market demonstrates recovery mood

Shares on the Irish market rebounded somewhat yesterday after a few lacklustre days in line with many European bourses in the run up to the crucial ECB meeting today.

The Iseq overall share index jumped 17.99 points to 3,173.9.

Banking stocks were mainly flat with Bank of Ireland holding at 8.7c and 5c. Permanent TSB Group Holdings was also unchanged at 2.5c. Elsewhere, insurer FBD Holdings drifted back 4c to €8.96.