Market up as Spanish rumours mount

Shares in Dublin continued their positive momentum yesterday as speculation mounted across Europe that Spain is close to requesting a bailout despite advice from German officials to Madrid to hold off.

The ISEQ Index closed 20.3 points stronger at 3,299.6.

In the financial sector, AIB was marginally lower by 0.1c to 5.4c, Bank of Ireland was unchanged at 9.8c while Permanent TSB Group Holdings declined by 0.1c to 2.5c. Insurer FBD Holdings advanced 10c to €9.90.