DUBLIN, Nov 26 (Reuters) - Shares in Allied Irish Banks dropped more than 9 percent on Thursday, as worries about British banks' exposure to debt problems in Dubai were weighing on markets.
'Markets are weaker today on the back of the news in Dubai. There's a bit of nervousness on the markets', a Dublin-based trader said.
AIB shares were down 7 percent to 1.6 euros at 1033 GMT, as the broader Irish market index fell 1.95 percent.
(Reporting by Antonella Ciancio, editing by Mike Nesbit)
((antonella.ciancio@thomsonreuters.com; +35315001518; Reuters Messaging: antonella.ciancio.reuters.com@reuters.net)
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'Markets are weaker today on the back of the news in Dubai. There's a bit of nervousness on the markets', a Dublin-based trader said.
AIB shares were down 7 percent to 1.6 euros at 1033 GMT, as the broader Irish market index fell 1.95 percent.
(Reporting by Antonella Ciancio, editing by Mike Nesbit)
((antonella.ciancio@thomsonreuters.com; +35315001518; Reuters Messaging: antonella.ciancio.reuters.com@reuters.net)
COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.