ISEQ plunges almost 3%

The value of Irish shares plunged 2.85% today, as the ISEQ index declined 82.12 points to finish on 2,796.55.

The financials all lost ground. Irish Life and Permanent was the heaviest faller, losing 12c to €1.40. Allied Irish Banks was down 8c to 80c, with Bank of Ireland shedding 6c to 61c.