ISEQ surges up after Govt's pledge to guarantee deposits

The ISEQ index of Irish shares rallied immediately after opening today, on the back of the Government's decision to safeguard all deposits with Ireland’s main banks for the next two years.

The ISEQ index of Irish shares rallied immediately after opening today, on the back of the Government's decision to safeguard all deposits with Ireland’s main banks for the next two years.

The ISEQ yesterday suffered its biggest one-day fall since 1987 with many bank shares plummeting.

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