Dublin's ISEQ index closed 2007 in muted fashion today, down 17 points, or 0.24%, to 6,934 in a half day of trade. The index is closed on Tuesday for New Year's Day.
The index has tumbled over 3,000 points since it peaked at a high of 10,041 on February 21. It hit a low of 6,281 on November 22 as the international credit crisis - caused by problems in the US sub-prime mortgage market - hit Irish banks hard.
The ISEQ index has fallen about 27% this year as the cooling Irish property boom also sent the shares of banks and construction and building related companies plummeting.
The banks - the main culprits of the huge losses during the year - were mixed today. AIB added four cent to close at €15.67, while Anglo Irish Bank was flat at €10.94. Shares in Bank of Ireland slipped three to end at €10.19 while Irish Life and Permanent was down three to €10.19.
Shares in CRH were up 15 to €23.85 ahead of a trading statement from the company later this week.
