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Tue 11 Nov 2009Iseq closes lower as banks weigh
Financial stocks suffered another day of sell-offs as leading banks Irish Life and Permanent, AIB and Bank of Ireland all finished down at close of business.
In what market traders termed a ‘bleak day’ for the Iseq, Irish Life and Permanent finished at €4.33, down by 17.37 per cent, AIB closed at €1.45, down 13.73 per cent, while Bank of Ireland also finished down at €1.41, a drop of 12.19 per cent.
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