Stock market crashes on the back of Brexit vote

Irish stock markets are being forced to close and trade on a virtual standstill, as the Brexit vote has left investors wondering how the economy is going to be affected.

The markets closed at 2pm local time, just after midnight on Wednesday.

The market opened at around 4pm local local time on Tuesday, but had been open for hours.

Investors in Ireland were watching closely to see if the outcome of the Brexit referendum would impact the market’s outlook.

The European Union has indicated it will leave the single market and customs union and is looking at ways to move ahead with its own regulatory system.

A vote to leave the European Union would have an impact on the European Investment Bank and the euro.

The IBEC said in a statement on Wednesday it would remain “a central pillar of the euro area”, but it had to make a decision by the end of June.

The Bank said the bank’s work was vital to stabilising the financial system, and was “part of our commitment to maintaining and strengthening the single currency and euro area.”

The market is currently open at 0800 GMT.

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