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Tag: Dublin(IE)

Italian political crisis sees risk appetite wither in Europe

Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. The region’s shares and currency reversed early gains. Holidays in the US and UK also slowed trade. DUBLIN Traders complained that business in Dublin was “very, very quiet”, largely thanks to the closure of New York and London […]

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Italian politics dominate markets on a day when US and UK holidays slowed trade

Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. The region’s shares and currency reversed early gains. Holidays in the US and UK also slowed trade. DUBLIN Traders complained that business in Dublin was “very very quiet”, largely thanks to the closure of New York and London […]

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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 […]

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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 […]

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Strong performance by oil stocks boosts European shares

European shares inched up aided by a strong performance from oil stocks boosted by news of an increase in crude prices. DUBLIN Former Ires Real Estate Investment Trust chief executive David Ehrlich sold 11.8 million shares to the listed landlord’s biggest investor Capreit for €1.3773 each. However, the news had little impact on the Ires […]

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Revenue at ISE owner Euronext rises 16% in first quarter

The owner of the Irish Stock Exchange saw revenue rise 16 per cent in the first quarter of the year, lifted by revenues from cash trading, along with market data and indices. Euronext, which completed its acquisition of the Irish Stock Exchange earlier this year, said revenue rose to to €146.7 million, with cash trading […]

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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 […]

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US-China trade concerns trouble global investors

Lingering concerns about the outcome of US-China trade talks and the potential for rising interest rates in the US troubled global investors on Thursday with major US indices falling 1 per cent. Falls in Europe were more muted with the Iseq underperforming the wider Stoxx 600 index which fell 0.75 per cent. Dublin The Iseq […]

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European shares end April on a high as UK merger shakes up retail

A multi-billion pound merger between British supermarket Sainsbury’s and Asda shook up retail stocks on Monday while European benchmarks ended April with their strongest monthly gains since 2016. The pan-European Stoxx index rose 0.1 per cent while Germany’ s Dax gained 0.3 per cent, buoyed by investors’ improved risk appetite as inter-Korea tensions eased and […]

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AGMs, Apple’s back tax, betting tax and the sale of hundreds of Dublin apartments

It’s a busy morning on the Irish corporate front with figures out from CRH, while AIB, Glanbia and Tullow Oil all hold agms. Glanbia directors are expected to come under fire at its agm in Kilkenny over the price it pays farmers for milk and how it funds various supplier support schemes. The company last […]

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