Banks fail to make any gains

NEITHER of the major Irish banks made any gains from their Friday closing positions further lessening their chances of making it into the Eurostoxx 50.

Any final decision will not be taken on the issue until the week-end when the market value of shares will determine who is in and who’s out.

If by then AIB has gained 4.9% on Lafarge, the only share likely to be dumped out of the Index, it will have to yield to AIB. Bank of Ireland looks to be out of the running due to the dip in its valuation in recent times.