ISEQ value shoots up by more than 2.5%

The ISEQ rallied strongly following recent losses today, soaring 243.26 points to 9548.84, or 2.61%.

The financials reflected the mood of optimism in the market, with Anglo Irish Bank leading the way following the release of a positive trading statement. The bank jumped 94c to €16.35. Allied Irish Bank was up 72c to €23, with Bank of Ireland (up 40c to €17.40) and Irish Life & Permanent (up 35c to €20.95).