Tuesday October 20, 2020

Shares report: Markets rebound strongly

European shares rebounded strongly from their biggest sell-off in two months amid speculation policy makers are intensifying efforts to contain the debt crisis.

28th November, 2011
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European shares rebounded strongly from their biggest sell-off in two months amid speculation policy makers are intensifying efforts to contain the debt crisis.

In Dublin, the ISEQ index was up 2.1 per cent to 2575. Bank of Ireland was up 10.2 per cent after it announced that it is to sell a €590 million portfolio of project finance loans to Sumitomo Mitsui Banking Corp at 85 per cent of their loan value. CRH was up...

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