The Irish Stock Exchange reacted negatively to the news of Standard and Poor’s downgrading of Ireland’s credit rating as the ISEQ index lost 65.51 points to finish on 2,866.77.
Allied Irish Bank (down 11c to €1.99) and Bank of Ireland (down 12c to €1.92) both lost ground, with Irish Life & Permanent bucking the trend, gaining 18c to €3.73.
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