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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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Iseq hits eight-month high as global markets cheer growth indicators

Irish shares rose to an eight-month high on Thursday, driven by CRH, Kingspan and Bank of Ireland, as equity markets globally surged on the back of strong data from the world’s largest economies. The Iseq overall index advanced 0.8 per cent to 7,126.57, a level last seen in May, while the pan-European Stoxx 600 index […]

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Iseq hits 8-month high as global markets cheer growth indicators

Irish shares rose to an eight-month high on Thursday, driven by CRH, Kingspan and Bank of Ireland, as equity markets globally surged on the back of strong data from the world’s largest economies. The Iseq overall index advanced 0.8 per cent to 7,126.57, a level last seen in May, while the pan-European Stoxx 600 index […]

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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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Ryanair and H&M lead European equities lower

Global equities painted a mixed picture on Friday with Ireland’s benchmark index underperforming its European counterparts. The Irish stock exchange overall index closed down by 0.52 per cent while, across the pond, Britain’s major index climbed higher, reversing earlier losses thanks to a sliding pound and buoyant oil stocks. Across Europe, Ryanair and H&M were […]

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Tech lifts euro zone stocks as Steinhoff sinks further

European shares edged up on Thursday as financial and tech stocks recovered, while troubled furniture retailer Steinhoff sank further, stung by an accounting scandal. Investors recovered their risk appetite, pushing euro zone stocks up 0.2 per cent, with financials the strongest sector, helping the bank-heavy Italian and Spanish markets outperform strongly with gains of 0.6 […]

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Tech lifts euro zone stocks as Steinhoff collapses

European shares edged up on Thursday as financial and tech stocks recovered, while troubled furniture retailer Steinhoff sank further, stung by an accounting scandal. Investors recovered their risk appetite, pushing euro zone stocks up 0.2 per cent, with financials the strongest sector, helping the bank-heavy Italian and Spanish markets outperform strongly with gains of 0.6 […]

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European stocks break losing streak

European shares enjoyed a recovery on Thursday, snapping their longest losing streak since October 2016 as the cyclical sectors which had driven a market-wide sell-off made a comeback, though oil was a weak spot. The pan-European Stoxx 600 index climbed 0.8 per cent, with the cyclicals-heavy Dax up 0.6 per cent. Financial services, autos and […]

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