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Tag: Glencore

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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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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Shares tread water on thin holiday trading volumes

European shares inched lower on Thursday with company news and macro events scarce in holiday-thinned trading, while Britain’s FTSE 100 hovered just under a record high. Wall Street’s main indexes were slightly higher in late morning trading , helped by gains in technology stocks. Dublin Volumes were wafer-thin on the Iseq, as traders and investors […]

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Copper hits four-year high as 2018 deficit looms

Copper prices continued their march higher on Thursday, rallying to their highest level in almost four years and putting the metal on track for its best year since 2010, in a welcome development for some of the world’s largest mining companies following years of oversupply. The metal is set to end the year up more […]

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M&A activity and oil issues dominate European trading

Mergers and acquisitions were the dominant influence on European share trading on Tuesday, while strength in oil stocks after a pipeline shutdown helped lift a key regional benchmark index to five-week highs. The pan-European Stoxx 600 index climbed 0.7 per cent to its highest level since November 9th. Dublin The Iseq closed flat as the […]

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German political problems fail to scare European stock markets

European markets shrugged off the failure of politicians to form a coalition to run Germany, the region’s biggest economy, and gained ground on Monday. DUBLIN Index heavyweight, building materials giant, CRH, helped drive the Irish market’s advance, climbing 2.1 per cent to €30.93. Traders pointed out that the stock had a “fairly chequered” few days […]

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Tullow shares hit by oil price decline

A fall in commodity stocks and sustained profit-taking sent European shares to an eight-week low and their seventh straight session of losses on Wednesday, but Airbus rallied after winning a record aircraft deal. Crude oil’s price slide on worries over the outlook for demand and weaker metal prices weighed on mining and energy stocks like […]

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