ISEQ falls by more than 100 points
Dublin's stock exchange had a torrid start to the day as the index tumbled 106.43 points.
The ISEQ stood at 6,499.28 by 11am this morning.
The biggest faller was building material group CRH, who saw their share price decline 62 points to €20.85. Their construction rival Grafton also saw a decline, down 16c to €8.30.
The negative trend was reflected in the financial sector where all four banks saw falls. The biggest came at Irish Life and Permanent who had fallen by 30c to €14.30, while both AIB and Bank of Ireland fell 11c to €16.79 and 12.68 respectively. Anglo Irish Bank fell nine cents to €11.22.
Elsewhere, the gloom continued with Paddy Power down 40c to €14, and both FBD Holdings and Kerry Group down 37c to €32.60 and €18.33 respectively.
Dragon Oil saw their share price go down 35c to €1.97, while low-cost airline Ryanair had a 13c fall to €6.62.
