DUBLIN, March 30 (Reuters) - Shares in Bank of Ireland and Allied Irish Banks will be suspended from trading on Thursday on the Irish stock exchange ahead of the publication of crunch stress tests.
The central bank said on Wednesday the step was taken to 'avoid the possibility of a disorderly market due to the circulation of information or rumours during the day.'
The temporary suspension notice takes effect from 0530 GMT on Thursday and will remain in place pending the results of the stress tests and any subsequent announcements by the individual banks.
The stress tests will be published at 1530 GMT.
(Reporting by Carmel Crimmins; Editing by Steve Slater) Keywords: IRELAND BANKS/SHARES (padraic.halpin@reuters.com; Reuters Messaging: padraic.halpin.reuters.com@reuters.net; +353 1 500 1504) COPYRIGHT Copyright Thomson Reuters 2011. 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.
The central bank said on Wednesday the step was taken to 'avoid the possibility of a disorderly market due to the circulation of information or rumours during the day.'
The temporary suspension notice takes effect from 0530 GMT on Thursday and will remain in place pending the results of the stress tests and any subsequent announcements by the individual banks.
The stress tests will be published at 1530 GMT.
(Reporting by Carmel Crimmins; Editing by Steve Slater) Keywords: IRELAND BANKS/SHARES (padraic.halpin@reuters.com; Reuters Messaging: padraic.halpin.reuters.com@reuters.net; +353 1 500 1504) COPYRIGHT Copyright Thomson Reuters 2011. 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.
© 2011 AFX News
