Michael O'Leary saw his no-frills airline boosted on the ISEQ index by 16c to €8.71 on foot of news that he is to publish his document offer to Aer Lingus share holders on Monday.

The ISEQ made a modest gain this afternoon of 25.12 points to 8023.08 as warnings from the International Monetary Fund urged the European Central Bank to move cautiously on interest rate hikes.