The ISEQ index of Irish shares was down almost 91 points just after 11am today to 5,173.
Main movers included Allied Irish Banks, down 31 cent to €11.99 and Bank of Ireland down 22 cent to €9.89.
Anglo Irish Bank also recorded a downward shift, losing 51 cent to €12.78.
Eircom remained unchanged at €1.45.
Meanwhile, CRH was also down, by 37 cent to €17.25.
Ryanair was down 11 cent to €4.37, a 2% drop in price.