Market jitters rise over €3bn AIB shares sale

Global stock market selling and an apparent political misstep in the Dáil have raised market jitters over the proposed sale of Government-owned AIB, leading experts have said.

The sell-off of stock markets in Europe in recent sessions caused by the troubles facing Donald Trump’s White House had also reined in market hopes the sale of a 25% stake in AIB would realise much more than €3bn, according to sources.

Senior market sources said it would probably take further sharp falls into next week for the Government to abandon plans for an initial public offering of shares in the bank.