Market slips in line with Europe

The positive momentum in the European Markets came to a halt yesterday with the news that initial jobless claims in the US rose by 46,000 to 388,000.

And despite the NTMA’s success in issuing €500m worth of Treasury bills, as Ireland’s return to the debit market continues, the Iseq was no different to the rest of Europe and slipped 10.47 points to 3262.69.

In the financials, both AIB and Bank of Ireland closed at 0.056c and 0.096c respectively, while Permanent TSB Group fared slightly better closing up 0.001 at 0.025c.