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Tag: Dublin(IE)

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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Strong JPMorgan earnings update boosts US financial stocks

The UK’s top share index held on to record highs on the last day of the trading week as the Iseq overall index edged up by 0.58 per cent. Meanwhile, in the US, a strong update by the biggest US lender by assets, JPMorgan lifted financial stocks while robust retail sales data helped Amazon provide […]

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Central Bank hires Amundi to manage €240m equities portfolio

The Central Bank has hired French asset manager Amundi to manage a €240 million equities portfolio, the first time it has outsourced the management of part of its investments. A spokeswoman for the bank said that the decision to “outsource in this instance was taken for operation”. Amundi bought Dublin based KBI Global in 2016 […]

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Bank rally pushes markets up again

Global bond yields rose after Bloomberg reported that Chinese officials were said to be wary of American government debt, further roiling a bond market unnerved by a recent sell-off. This drove financial stocks across Europe higher and kept markets on winning run. Reduced asset purchases by the world’s top central banks, rising commodity prices and […]

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Best week since April for European shares as UK, Swiss indices hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index was up 0.8 per cent, holding at a two-month high, while euro zone blue chips […]

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Best week since April for European shares as UK, Swiss indexes hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index was up 0.8 per cent, holding at a two-month high, while euro zone blue chips […]

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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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Light trading volumes on last business day of 2017

Trading was light on the last business day of 2017, with a number of markets closing early ahead of the New Year holiday. Stocks ended the year ahead and the euro looked set to go out on a high against the dollar. DUBLIN AIB closed 1.46 per cent ahead at €5.50 at the end of […]

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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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