Menu

Tag: American Tobacco

Sterling drop weighs on Iseq as European shares advance

The Iseq index stood out as a weak spot across European markets on Friday as a drop in the value of sterling against the euro as a result of weaker-than-expected UK economic figures weighed on sentiment. The Iseq index fell 0.2 per cent to 6,798.38 points, resulting in a 0.4 per cent decline for the […]

0 Comments
Read Full

CRH shares soar while INM recovers lost ground

Shares in CRH soared the most in eight months on Friday, lifting Dublin’s Iseq index, as investors mulled over comments made by the building materials group’s chief executive, in which he said that options to increase shareholder value are under careful review. Meanwhile, the pan-European Stoxx index held steady at the end of a strong […]

0 Comments
Read Full
 
(adsbygoogle = window.adsbygoogle || []).push({});

CRH shares soar most in eight months

Shares in CRH soared the most in eight months on Friday, lifting Dublin’s Iseq index, as investors mulled comments from the building materials group’s chief executive where he said that options to increase shareholder value are under careful review. Meanwhile, the pan-European Stoxx index held steady at the end of a strong week as a […]

0 Comments
Read Full

Brewing US-China trade war takes the fizz out of European stocks

European shares fell as China’s response to US tariffs fuelled fears of a trade war. DUBLIN The Irish market reflected the rest of Europe. Cider maker C&C surged 8.75 per cent to close at €2.86 after announcing that it was buying UK drinks distributor Matthew Clark Bibendum. The Irish company will pay a nominal sum […]

0 Comments
Read Full

Mixed trading across Europe as worries persist over Trump’s tariffs

The Iseq in Dublin was flat as trading remained choppy across Europe on geopolitical concerns. Engineering firm GKN and miners dragged the FTSE 100 into the red, with a broker downgrade for Just Eat also weighing on the London market. The S&P 500 and the Dow Jones Industrial Average in New York fell as worries […]

0 Comments
Read Full

Markets welcome US jobs growth but Dublin trading subdued

A strong jobs report out of the US boosted European shares on Friday after a sluggish start to trading, while US tariffs on steel and aluminium hit steelmakers. The US jobs data showed the country recorded its biggest increase in more than 18 months in February, but a slowdown in wage gains pointed to only […]

0 Comments
Read Full

European corporate results fail to impress investors

The Iseq overall fell 0.14 per cent on Thursday, but still managed to outperform wider European indices. Britain’s top share index fell to a one-week low on the back of disappointing results, big stocks going ex-dividend and concerns over rising bond yields. Across Europe, it was a similar picture, with a flurry of corporate results […]

0 Comments
Read Full

Stocks endure another day of volatility as US bond yields creep up

World stock markets remained volatile on Thursday, with Europe initially performing well before poor performance in the US dragged stocks down. Major US indices fell more than 1 per cent as US bond yields crept back towards four-year highs. The Iseq overall index fell 1.58 per cent in line with broader European markets. In the […]

0 Comments
Read Full

Upbeat euro pulls European stocks lower

News in foreign exchange markets far outweighed that in equities on Thursday as the euro surged to a three-year high after European Central Bank president Mario Draghi said economic data pointed to “solid and broad” growth with inflation likely to rise in the medium term. Following comments from US treasury secretary Steven Mnuchin on Wednesday, […]

0 Comments
Read Full

Upbeat euro surges but European stocks close lower

News in foreign exchange markets far outweighed that in equities on Thursday as the euro surged to a three-year high after European Central Bank president Mario Draghi said economic data pointed to “solid and broad” growth with inflation likely to rise in the medium term. Following comments from US Treasury secretary Steven Mnuchin on Wednesday, […]

0 Comments
Read Full