Value of ISEQ plummets

A depressing 1.68% was wiped off the value of Irish shares as the ISEQ index plummeted 127.59 points to 7463.65 today.

It was a dismal day for the financials, with Allied Irish Banks the worst performer, sliding 50c to €18.21. Anglo Irish Bank and Bank of Ireland both lost 27c to €11.60 and €13.70 respectively. Irish Life & Permanent escaped relatively unscathed, slipping 8c to €17.82.