Nearly €10bn wiped off Irish stocks after Brexit result

Almost €10bn was wiped off the combined value of Irish shares yesterday, as the Irish Stock Exchange bore the brunt of investors continuing to react negatively to Britain’s decision to leave the EU.

Following its 7.7% decline in the immediate aftermath of Friday’s Brexit result, the Iseq shed another 9.9% yesterday.

While all other main European bourses fell, too, the Iseq’s decline outweighed them.