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Tag: CRH

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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Glanbia rises as over 500,000 of its shares changes hands

European markets rose on Wednesday as miners gained from metal price increases and strong company results boosted investors’ confidence. DUBLIN Food group Glanbia climbed 2.58 per cent as more than 500,000 of its shares changed hands. Kerry Group rose by 1.41 per cent to €86.20. Danone, one of Europe’s biggest dairy companies, reported strong results […]

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European shares fall amid tensions between US and Russia

European shares fell on Monday as geopolitics kept investors on the sidelines as they weighed a warning from US president Donald Trump to Russia of imminent military action in Syria over a suspected poison gas attack. The pan-European Stoxx 600 index fell by 0.6 per cent to 376.18 points. DUBLIN The Iseq overall index declined […]

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Markets edge down on trade war jitters

Stock markets edged downwards on Friday after US president Donald Trump’s threat to impose an extra $100 billion in tariffs on China exacerbated fears of a more serious trade dispute, while the dollar paused ahead of crucial US payrolls data. European shares followed their Asian counterparts into the red but the falls were limited, and […]

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Markets edge down on trade war jitters

Stock markets edged downwards on Friday after US president Donald Trump’s threat to impose an extra $100 billion in tariffs on China exacerbated fears of a more serious trade dispute, while the dollar paused ahead of crucial US payrolls data. European shares followed their Asian counterparts into the red but the falls were limited, and […]

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Irish bank shares rise over tax pledge but US tech stocks take a beating

Shares rose generally yesterday with most European indices bar Germany’s Dax up. Bank of Ireland and AIB rose on news that the Minister for Finance, Paschal Donohoe, has pledged to allow lenders keep the ability to write off losses wracked up during the financial crisis against future corporate taxes. The move prompted stockbroker Davy to […]

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US-China trade war concerns send shares tumbling

Concerns about trade sent European shares tumbling on Thursday as the US prepared to announce hefty tariffs on Chinese imports, with banks, basic resources stocks and tech the worst-performing. “It was a very weak day across Europe,” an equities trader in Dublin-based Davy said. US stocks also went into the red as investors shifted focus […]

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Greencore suffers disastrous day on the markets

An eventful day on the markets was dominated by a plunge by food group Greencore after a profit warning, as well as a bounce for sterling following US president Donald Trump’s sacking of secretary of state Rex Tillerson. Dublin Greencore suffered a disastrous day with its stock plummeting 30 per cent on the back of […]

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European shares close lower led by Carrefour and WPP

European shares slid on Thursday as a flurry of uninspiring earnings updates from retailer Carrefour and advertiser WPP kept the mood downbeat, while broader jitters over tightening monetary policy spilled over into a new month. DUBLIN Several companies posted results on Thursday but activity on the Irish Stock Exchange was limited after it was shut […]

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