Share report: ISEQ falls 1.9%

Ireland's ISEQ has ended another poor day's trading with a loss of 1.9 per cent, as fears about Spain and Greece dominate.

17th May, 2012
The ISEQ was down 1.9 per cent.

Irish shares fell in line with the rest of Europe and the US as fears re-emerged about a debt crisis in Europe.

Spain denied rumours of a deposit run on Bankia bank, but the bank's shares still ended the day with a loss of 14 per cent, after falling 11 per cent yesterday.

There was an unconfirmed report of a looming downgrade of Spanish banks my credit rating agency Moody's.

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