The Quinn Insurance takeover will be complete by mid-August after company returns revealed losses of €706m in 2009.

The Allied Irish Banks' shareholder Niall Murphy was thrown out of today's AGM after he confronted management about the £486m (€762.4m) fraud at its US subsidiary.

The FTSE 100 Index has ended a previously lacklustre session 53.2 points ahead at 5127.0.