Menu

Tag: Glencore

Italian political risk scares investors but Europe closes higher

Irish stocks edged higher on Wednesday while a weak euro provided support to the broader European market. In Italy, investors on the Milan bourse were scared off after the country’s two anti-system parties made progress in forming a coalition – thus potentially freeing up billions for tax cuts and welfare. Britain’s FTSE 100 was driven […]

0 Comments
Read Full

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 […]

0 Comments
Read Full
 

Apple’s rising tide lifts tech sector boats as shares gain across Europe

European shares rose on Wednesday, boosted by several strong earnings updates and a rising tech sector after results from Apple exceeded expectations. British shares also traded higher, posting a fifth session of gains in a row as metal prices boosted miners and first-quarter earnings reports lifted the market. US equities faltered as investors digested earnings […]

0 Comments
Read Full

Brewing US-China trade war takes the fizz out of European stocks

European shares fell as China’s response to US tariffs fuelled fears of a trade war. DUBLIN The Irish market reflected the rest of Europe. Cider maker C&C surged 8.75 per cent to close at €2.86 after announcing that it was buying UK drinks distributor Matthew Clark Bibendum. The Irish company will pay a nominal sum […]

0 Comments
Read Full

European stocks dip on beginning of second quarter

Ireland’s top share index fell with other European bourses at the start of the second quarter, but stocks including Glenveagh and Cairn edged up on the day. European stocks retreated on Tuesday as investors began the second quarter in a fragile mood amid international trade tensions and mounting pressure on big technology companies. US stocks […]

0 Comments
Read Full

World stocks rebound but volatility stays elevated

Ireland’s Iseq overall index reversed some losses after a tough week last week and closed up 1.31 per cent with strong performances from Bank of Ireland and Total Produce. British shares, too, rebounded thanks to a relief rally in commodities stocks. But with market volatility tipped to stay elevated, investors were divided over whether to […]

0 Comments
Read Full

Iseq outperforms Europe as Dax reaches record high

Ireland’s benchmark index outperformed European markets on Tuesday in terms of percentage gain even though Germany’s Dax hit a record high after closing up 0.7 per cent. The pan-European Stoxx 600 edged 0.1 per cent higher. In the UK, a rally of more than 5 per cent in airline EasyJet following a trading update drove […]

0 Comments
Read Full

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 […]

0 Comments
Read Full

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 […]

0 Comments
Read Full

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 […]

0 Comments
Read Full