ISEQ falls but banking shares stave off crisis

The ISEQ-index of Irish shares came under increasing pressure today and oil prices continue to rise. With barrels at $140 US the ISEQ-index fell 54.85 points to 5,571.30.

Bank of Ireland took the force of the blow on the financial front as shares fell 22c to €6.81. Otherwise banking shares managed to avoid any major loses: IL&P and Anglo both climbed 11c to €9.63 and €7.07. AIB also inched forward with a 2c gain to €11.23.