Good start for Iseq post-bailout

The Iseq Index got off to a good start in its first day’s trading yesterday following Ireland’s successful exit from the EU/IMF bailout programme.

The Index of Irish shares finished the session up 41.24 points to 4,376.84.

In the financials insurer FBD Holdings drifted back by just 5c to €17.20. RSA revealed on Friday that reserves needed to be strengthened by a further £130m relating to bodily injury strengthening in motor and liability lines.