Anglo Irish Bank has seen its share price fall further today following the Government's move last weekend to take 75% control of the company.
The bank's shares are now worth just 15c after falling 18.5% today as the ISEQ closed for Christmas.
AIB shares were also down, 3c to €1.74 at 1pm, while Bank of Ireland shares were up 3c to 90c.
The State is taking a 25% stake in each of those banks as part of the €5.5bn recapitalisation plan announced at the weekend.
Overall, the ISEQ Index of Irish shares was down 10.77 points to 2,337.12 as the market closed today.