ISEQ recovers some lost ground

The ISEQ index of Irish shares recovered some ground today, closing up 2.73% after yesterday's sell-off saw a slump of more than 6.5%.

The index however remained below the 3,000-point mark, finishing with a gain of 78.07 to 2,937.12, as world markets were bolstered by news of the US economy officially emerging from recession.