The ISEQ index of Irish shares plummeted this evening, dropping 232.36 points to 6321.02 at market close.
All the financial heavyweights suffered a loss with Irish Life and Permanent leading the way falling 77c to €12.54. Anglo Irish Bank lost 74c off its share price to €8.60 with Bank of Ireland down 64c to €9.36. AIB fared better but remained in negative territory falling 17c to €13.95.
Elsewhere, the negative trend continued within the construciton sector. Grafton fell 37c to €5.90. Kingspan was down 36c to €8.84, with McInerney falling a modest 5c to €1.21.