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Banks lead European stocks higher as telecoms weigh

European stocks recovered on Tuesday, led by the banks, while tech stayed under pressure after concerns over increased regulation and taxation of large companies in the sector prompted selling overnight on Wall Street. The pan-European STOXX 600 index ended 0.5 per cent higher, while Britain’s FTSE rose 0.3 per cent after hitting a 15-month low […]

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European shares rise on back of robust US data

European shares advanced on Friday, helped late in the session by robust US data, though stocks across the continent ended the week with a slight loss as worries about a trade war and geopolitical tensions kept investors on edge. The pan-European STOXX 600 index closed up 0.2 percent at 377.79 points and lost 0.1 percent […]

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Markets slip amid indications of US interest rate rises

Markets slipped on Tuesday as new US Federal Reserve chairman Jerome Powell indicated that he would raise interest rates gradually in the world’s biggest economy. DUBLIN Insurer FBD was the star performer after reporting that underwriting profits rose to almost €45 million last year from €3.2 million in 2016. Shares surged 14.83 per cent to […]

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Euro stocks snap two-day run as FTSE gets budget boost

European shares slipped after two days of gains on Wednesday, led by the Dax, which was hit by a bounce in the euro as well as deadlock in attempts to form a new German government. The pan-European STOXX 600 benchmark closed 0.3 per cent lower, with the Dax falling 1.2 per cent following strong gains […]

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European equities flat as China suffers biggest slump in 2 years

Ireland’s benchmark Iseq overall index dropped by 0.51 per cent on Thursday – a day when no stocks were traded in New York due to Thanksgiving. Across Europe, the pan-European Stoxx 600 index fell marginally by 0.03 per cent as news came that euro zone businesses reported their best monthly performance more than 6½ years. […]

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