Coronavirus: Irish bank shares fall as Italy mulls EU budget request

Irish bank and transport shares most exposed to the potential economic fallout from the coronavirus fell sharply for a second successive session, as an Italian official said it may need to call on the EU to offer leeway on budget targets due to the outbreak.

AIB and Bank of Ireland fell by 4%, Ryanair retreated by 3%, and Irish Ferries owner Irish Continental Group also fell, by 2.5%.