ISEQ up 5%

The ISEQ index of Irish shares was valued at 2,975.82 at 11am this morning, an increase of 149.08 points or 5.27%.

All of the major banks rose - Anglo Irish Bank was up 14c to €2.14, Bank of Ireland up 7c to €1.69, Irish Life & Permanent was up 15c to €2.60 while AIB was the biggest riser, up 37c to €4, an increase of 10%.