Good gains for ISEQ

The value of Irish shares rose by almost 1.3% today, as the ISEQ index of Irish shares finished 36.74 points up at 2.886.37.

The financials all did well. The market reacted well to Irish Life and Permanent’s announcement that it was to cut jobs at Permanent TSB, as it gained 12c to €3.30. Elsewhere, Allied Irish Banks gained 6c to €1.58 and Bank of Ireland inched up 2c to €1.64.