Dublin's ISEQ index slipped seven points to end at 2,343 in a half day's trade today, down 0.3%, but its value dived by 66% on the year.
The index has lost a massive 4,591 points - or 66% - since this time last year as it has been walloped by the financial crisis and as sentiment towards the financial stocks soured.
Over €61 billion has been wiped off the Irish stock exchange in the last 12 months, with the four main banks especially hard hit. That trend continued today and most of the Irish banks closed lower.
After a truly disastrous year, shares in Anglo Irish Bank slumped another 14.5% to end the year at 17 cent. The shares had started the year at €10.94 but 2008 saw the banking group lose most of its value as well as its chairman Sean Fitzpatrick and chief executive David Drumm in a in a controversy over director loans.
Bank of Ireland slipped 1.8% to 83 cent after a January start price of €10.19. Shares in Irish Life and Permanent lost 1.8% to end at €1.57 - they had started 2008 with a price of €11.81. AIB added 3.3% to end 2008 at €1.73 after seeing in the year at a price of €15.67.
