Menu

Tag: Bank of Ireland

Markets trend down as US-China trade talks hit obstacle

Global stocks sold off while investors raced for the safety of the Japanese yen and some government bonds on Wednesday as concerns rose that setbacks to US-China trade talks would undermine world economic growth. US president Donald Trump said trade discussions with China would need to be rerouted, saying the current track appeared “too hard […]

0 Comments
Read Full

Shares bounce on hopes for US-China breakthrough

European shares touched their highest level since the start of February on Tuesday as car makers and bank stocks climbed and Italian shares recovered. In London, the FTSE 100 hit its third record high in one week, with stocks buoyed by signs of continued improvement in the trading relationship between the US and China. US […]

0 Comments
Read Full
 

Oil stocks and online supermarket Ocado buoy European equities

European shares rose on Thursday to a fresh three-month high as oil stocks rallied and online supermarket Ocado shot up after it signed a game-changing deal in the United States. The pan-European Stoxx 600 ended up 0.7 per cent, while Italy’s benchmark index bounced 0.3 per cent following heavy losses in the previous session on […]

0 Comments
Read Full

Italian political risk scares investors but Europe closes higher

Irish stocks edged higher on Wednesday while a weak euro provided support to the broader European market. In Italy, investors on the Milan bourse were scared off after the country’s two anti-system parties made progress in forming a coalition – thus potentially freeing up billions for tax cuts and welfare. Britain’s FTSE 100 was driven […]

0 Comments
Read Full

Paddy Power Betfair drags Iseq into the black

Weak financial stocks weighed on European shares on Monday after a strong run of weekly gains, while dealmaking livened up trading. UK shares fell slightly following a strong run, while a potential bidding war for IWG triggered a surge in the serviced office provider’s stock, the latest deal in a flurry of mergers and acquisitions. […]

0 Comments
Read Full

European stocks lifted by deals but Iseq drops

European shares edged higher on Friday, capping off their longest weekly winning streak for more than three years as investors mulled a slew of mergers and acquisitions (M&A) activity. The pan-European STOXX 600 index ending up 0.1 per cent, scoring its seventh straight week of gains and the longest winning streak since March 2015. Dublin […]

0 Comments
Read Full

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 […]

0 Comments
Read Full

Oil rally drives European shares higher

European shares were supported on Wednesday by strength in oil stocks after US president Donald Trump pulled the United States out of Iran’s nuclear agreement, boosting crude prices. While some well-received earnings updates also provided support to the overall market, shares in companies with exposure to Iran fell, with plane maker Airbus and car makers […]

0 Comments
Read Full

Uncertainty over Iran nuclear deal scares markets

European shares edged up 0.1 per cent on Tuesday, but Italian stocks were a weak spot as the threat of a snap election grew, while earnings and deal-making sparked some large individual moves elsewhere. Wall Street was lower in choppy trading in the afternoon, as oil prices slid on uncertainty over whether US president Donald […]

0 Comments
Read Full

Uncertainty over Irand deal and Italian elections scare markets

European shares edged up 0.1 per cent on Tuesday, but Italian stocks were a weak spot as the threat of a snap election grew, while earnings and deal-making sparked some large individual moves elsewhere. Wall Street was lower in choppy trading in the afternoon, as oil prices slid on uncertainty over whether US president Donald […]

0 Comments
Read Full