Investors will be keeping a close eye on Bank of Ireland shares today after a US billionaire announced he was selling his stake.

Wilbur Ross is set to almost triple the value of his original €290 million investment of three years ago.

He says the decision is nothing to do with Ireland's financial prospects or those of the bank itself, and believes both have a bright future.

Mark Murnane from Shelbourne Markets says it is hard to predict what will happen to the share price today: