Market records small loss

Shares on the Irish market drifted slightly overall in contrast to most other European bourses and despite sharp gains in the likes of Grafton Group.

The Iseq Index closed the session 10.1 points weaker at 3,504.23.

Banks were higher for the most part with the exception of Bank of Ireland which held steady at 13.5c after its recent positive run. AIB advanced 0.1c to 5.3c while Permanent TSB Group Holdings added 0.3c to 3c. Elsewhere in the financial sector, insurer FBD Holdings gained 10c to €10.85.