Irish bank shares climb as much as 5% but Kingspan hit by Covid spike fears

Up 5%, Permanent TSB shares joined in with the newly found optimism. 

Irish shares continued to rise on a new wave of optimism over a Brexit deal, as all three listed banks and Ryanair added more millions to their market values, but building products firm Kingspan and hotel group Dalata fell on fears of a spike in Covid cases in Britain. 

Reflecting perceived warming prospects for a Brexit deal, sterling edged higher, to 90.4 pence against the euro.