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Tag: AIB

Carillion collapse weighs heavily on UK and European equities

On the first day of a new trading week US markets were closed on account of Martin Luther King day. Meanwhile, Ireland’s benchmark Iseq overall index edged up by 0.08 per cent, beating its UK and European peers. Both UK and European stocks fell on Monday, with Carillion’s collapse causing investors to establish the disruption […]

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Strong JPMorgan earnings update boosts US financial stocks

The UK’s top share index held on to record highs on the last day of the trading week as the Iseq overall index edged up by 0.58 per cent. Meanwhile, in the US, a strong update by the biggest US lender by assets, JPMorgan lifted financial stocks while robust retail sales data helped Amazon provide […]

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Bank rally pushes markets up again

Global bond yields rose after Bloomberg reported that Chinese officials were said to be wary of American government debt, further roiling a bond market unnerved by a recent sell-off. This drove financial stocks across Europe higher and kept markets on winning run. Reduced asset purchases by the world’s top central banks, rising commodity prices and […]

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Spotify, Airbnb and Dropbox among 2018’s expected IPOs

Companies flocked to the stock markets last year in their highest numbers since the financial crisis, with the parent of US mobile messaging app Snap and AIB among the biggest flotations as 1,700 deals raised almost $200 billion globally. The number of initial public offerings (IPO) marked a 44 per cent increase over 2016, according […]

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Most-wanted and least-loved stocks as investors eye 2018

Applegreen Fuel forecourt Applegreen, whose shares surged 29 per cent last year, is among the most widely tipped Irish stocks among analysts for 2018, as the Irish economy continues to grow and the group expands further in the UK and the north-eastern US. Merrion Capital expects the company’s operating profits to grow by between 15 […]

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Wall Street hits record as European stocks trade higher

On the day Mifid II launched Ireland saw relatively strong trading volumes according to Dublin traders and the Iseq overall index closed up 0.02 per cent with Ryanair and Bank of Ireland leading the pack. Britain’s main stock index rose 0.4 per cent to within a whisker of its recent record high, reversing an earlier […]

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Cairn Homes leads Iseq 20 on house price hopes

Cairn Homes and C&C led Irish large-caps higher, as the wider Iseq overall index stood out as a bright spot in Europe as traders returned to their desks for the first session of the new year. The Iseq overall index added 0.2 per cent to 7,054.55, recovering most of the ground lost on Friday, while […]

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Light trading volumes on last business day of 2017

Trading was light on the last business day of 2017, with a number of markets closing early ahead of the New Year holiday. Stocks ended the year ahead and the euro looked set to go out on a high against the dollar. DUBLIN AIB closed 1.46 per cent ahead at €5.50 at the end of […]

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Slow iPhone sales pushes European tech stocks down

There was very light volume traded on Wednesday as European markets closed the day up marginally while US indices were trading up despite a fall in the technology sector after reports of tepid sales for Apple’s iPhone X. Ireland’s benchmark Iseq overall index closed up by 0.05 per cent with little movement across the board, […]

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If you were a market bear in 2017 you got burnt

Allegations of Russian interference in US elections. A rocky first year for the new incumbent in the White House. A rogue nation testing weapons of mass destruction. And the risk of a disorderly exit of Europe’s second largest economy from the EU. Any of these would ordinarily be enough to send global stock market investors […]

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