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Banking and mining stocks buck trend as shares slide

European shares dipped on Thursday although sectors such as banking and mining provided investors with some respite. DUBLIN Airline Ryanair fell 1.18 per cent to €15.50. There was no news behind the fall but traders suggested that it was on the back of concerns about oil price rises. Cement giant CRH dipped 0.7 per cent […]

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Oil prices fall as market awaits Trump decision on Iran

Oil prices eased slightly on Tuesday, a day after hitting three-year highs, as investors braced for President Donald Trump’s decision on whether to withdraw the United States from the Iran nuclear deal. Asian shares picked up, helped by technology stocks as generally upbeat earnings overcame weakness in the global smartphone market and concerns about more […]

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Nestlé buoys European shares while Apple boosts US tech firms

Both the Irish and UK stock exchanges were closed on Monday, however their European peers were open and shares closed higher on the day, supported by strong earnings updates and gains in Nestlé after the Swiss-based food firm agreed a tie-up with Starbucks. A weak euro, which typically gives an accounting boost to companies who […]

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European shares buoyed by Nestlé while Apple boosts US tech companies

Both the Irish and UK stock exchanges were closed on Monday, however their European peers were open and shares closed higher on the day, supported by strong earnings updates and gains in Nestle after the Swiss-based food firm agreed a tie-up with Starbucks. A weak euro, which typically gives an accounting boost to companies who […]

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Smurfit Kappa gains in Dublin after positive trading update

Healthcare and technology companies led gains in European equities on Friday as the euro slipped amid mounting concern about the region’s economic outlook. Financial stocks recovered some earlier losses incurred after disappointing earnings reports from BNP Paribas, Société Générale and HSBC. Wall Street was led by gains for Apple after Berkshire Hathaway, the company owned […]

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Apple’s rising tide lifts tech sector boats as shares gain across Europe

European shares rose on Wednesday, boosted by several strong earnings updates and a rising tech sector after results from Apple exceeded expectations. British shares also traded higher, posting a fifth session of gains in a row as metal prices boosted miners and first-quarter earnings reports lifted the market. US equities faltered as investors digested earnings […]

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Irish shares dip as European traders enjoy May Day break

Irish shares dipped on Monday, taking their cue from early weakness on Wall Street, as traders across continental European markets and much of Asia took the day off to enjoy May Day. Markets were shut for holidays in many countries including Germany, France, Italy, Spain, China, Hong Kong, Singapore and India. The Iseq index ended […]

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AGMs, Apple’s back tax, betting tax and the sale of hundreds of Dublin apartments

It’s a busy morning on the Irish corporate front with figures out from CRH, while AIB, Glanbia and Tullow Oil all hold agms. Glanbia directors are expected to come under fire at its agm in Kilkenny over the price it pays farmers for milk and how it funds various supplier support schemes. The company last […]

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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 […]

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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 […]

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