Markets decline across Europe

European markets were generally worse off yesterday as US markets opened for the first time this week after disruption caused by Hurricane Sandy.

The Iseq index traded in line with its continental peers and finished the session 8 points off at 3,248.49.

Irish banks lost ground as UK peer Barclays announced results in line with guidance and consensus, which disappointed the market slightly. AIB dropped 0.1c to 5.1c and Bank of Ireland slipped 0.3c to close at 9.1c. Permanent TSB Group followed the trend to end the day down 0.3c, or 11%, at 2.4c.