Evening Markets Wrap: Iseq inches up but Healthbeacon plunges after boss quits

AIB and Bank of Ireland have good days as executives appear in front of Oireachtas committee

  • September 27, 2023
US equities and Treasuries resumed their slide as investors contemplated the prospect of higher interest rates and a looming government shutdown. Picture: Getty

Dublin’s Iseq all-share inched up 36 point, or 0.4 per cent, on Wednesday, closing at 8,407 following advances for AIB and Bank of Ireland, after senior executives from both banks appeared in front of an Oireachtas committee.

But shares in Healthbeacon, the medical devices firm, plunged more than 30 per cent after its chief executive stepped down on Tuesday. That came as Healthbeacon posted a sales warning and revealed it is scoping out financing options ...