Markets

Markets update: Irish banks drop as UK peer reports lacklustre Q3

Disappointing data from Barclays UK drove FTSE 100 share prices lower

AIB and Bank of Ireland led the Dublin stock exchange lower on Tuesday as London-listed Barclays dove after its third year financial results did not meet expectations.

AIB was down 2.2 per cent while Bank of Ireland fell 2.1 per cent to trade at €4.06 and  €8.77 respectively by 1pm on Tuesday. Their falls led the ISEQ All Share down 0.2 per cent to trade at 7,886.9 at lunchtime.

The two banks fell as British high ...