Shares in Dublin continued to trade further into negative territory after comments by Dutch, Finnish, and German finance ministers cast doubt on whether ESM funding could be used to recapitalise banks.

INVESTORS exercised caution yesterday ahead of a slew of quarterly results announcements from US companies next week, resulting in early falls in the main American markets and slow movement across Europe.

Exploration company Ovoca Gold chairman Roger Turner outlined the rationale for an investment in Russia earlier this year at the firm's AGM in Dublin today.