AIB shares turn volatile on talk of further State sale

Market report: Iseq closes down despite rally as FTSE gains amid reignited concerns about Brexit and as the euro held onto most of its gains against sterling last week

The FTSE 100 index gained 0.7 per cent to 7,115.98, thanks to gains among mining companies and commodity stocks which had been among the worst hit after US President Trump threatened higher tariffs on steel and aluminium imports.

The FTSE 100 index gained 0.7 per cent to 7,115.98, thanks to gains among mining companies and commodity stocks which had been among the worst hit after US President Trump threatened higher tariffs on steel and aluminium imports.

European markets generally managed to take the fall-out from Italian elections in their stride on Monday, with AIB coming into focus in late trading in Dublin as Minister for Finance Paschal Donohoe reignited speculation of a further sell-down of the State’s stake in the lender.

The pan-European Stoxx 600 index edged 1 per cent higher to 370.87, recovering from a sell-off on Friday after US president Donald Trump unveiled plans to impose tariffs on aluminium and steel imports.

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