Iseq slumps 83 points after positive start

The Iseq index of Irish shares has slumped 83.21 points to 5,814.90, a fall of 1.41%, after a positive response early this morning to the 0.75% intere4st rate cut by the US Federal Reserve last night.

The largest faller came in the financial sector where insurance giant FBD Holdings experienced a €1.10 fall to €28.30, while construction firm CRH tumbled 69c to €24.06.