Eircom gets boost as ISEQ plunges

Eircom shares soared nearly 7% to €2.1 today after a report said Swisscom, Switzerland's largest telephone company, had contacted the company about the possibility of making a €3bn bid.

Eircom aside, it was a bad day on today's ISEQ as fears over the health of the United States also sent a shiver through the London market.