ISEQ ends a dismal day

The ISEQ-index closed the doors on a dismal day for investors as the market found itself deep in the red losing 160 points to stand at 7751.12.

ISEQ ends a dismal day

The ISEQ-index closed the doors on a dismal day for investors as the market found itself deep in the red losing 160 points to stand at 7751.12.

Blue chip stocks took a nose dive as the banking shares reacted to continuing pessimism on the US market.

The worst performer AIB began free falling earlier today and finally closed at €16.30 having lost a staggering 94c off its share price. IL&P did not fare much better shedding 73c at €14.92.

Anglo Irish and Bank of Ireland lost 57c and 55c at €11.03 and €12.19 respectively.

Outside the financial realm, building materials group CRH took a major hit plunging 93c at €25.40.

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