Markets
Market wrap: AIB shares fall as state squashes stake
Kenmare Resources and AIB had a difficult afternoon both trading just over 3 per cent lower
The Iseq All Share extended falls to Tuesday afternoon to trade 1 per cent lower at 8,633 after Kenmare Resources and AIB groups both suffered.
AIB’s falls come after the government said it will continue to sell down its stake for another seven months until the end of July 2024. Analysis from the Business Post shows if the state continues to sell shares in the bank at the same rate as the last two years, ...