ISEQ plummets nearly 5%

Almost 5% was wiped of the value of Irish shares as the ISEQ plunged 375.87 points to 7,303.15 in a miserable session of trading today.

The financials were traded heavily, and most made significant losses. Irish Life & Permanent fared the worst, losing 88c to €18.57. Bank of Ireland shed 50c to €13.65.