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Tag: Goldman Sachs Group

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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Honeymoon period over for Kerry chief as agm looms

As chief executive honeymoon periods go, Edmond Scanlon’s first 12 weeks as chief executive of Kerry Group were pretty impressive, with the value of the third-largest company on the Iseq soaring 16 per cent to an all-time high of €16.6 billion just before Christmas. But the market love-in has since faltered, with the stock down […]

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Rising US Treasury yields affect shares as Europe edges ahead

European shares edged up on Monday as a rise in US Treasury yields helped lift bank stocks to nearly five-week highs, more than offsetting a disappointing update from UBS and losses among bond-proxy sectors. London’s blue-chip index made gains as the pound continued to fall on expectations that the Bank of England would delay an […]

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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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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 […]

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Chips are down as tech fears weigh on European shares

European stocks tumbled on Tuesday as investors entered the second quarter in a febrile atmosphere of trade tensions and mounting pressure on big technology companies. The pan-European STOXX 600 fell 0.7 per cent, while Germany’s DAX declined 0.8 per cent, with industrials, consumer staples and financials the biggest weights. Elsewhere, the FTSE100 was down 0.6 […]

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European shares fall as diplomatic tensions with Russia rise

European shares fell on Monday as a late surge in the euro and diplomatic tensions with Russia more than offset hopes that the protectionist shift in US trade policy may be more selective and tactical than first feared. The regional Stoxx 600 benchmark fell 0.7 per cent to its lowest level since February 2017, having […]

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Markets welcome US jobs growth but Dublin trading subdued

A strong jobs report out of the US boosted European shares on Friday after a sluggish start to trading, while US tariffs on steel and aluminium hit steelmakers. The US jobs data showed the country recorded its biggest increase in more than 18 months in February, but a slowdown in wage gains pointed to only […]

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Dublin’s Iseq lags European peers after choppy trading session

European shares ended Friday in positive territory after a choppy session, posting a slim weekly gain as investors digested disappointing company results. The UK’s top share index dipped after bank RBS and Aer Lingus owner IAG tumbled following their results, sending the FTSE 100 to a slight weekly loss. US stocks rose with treasuries and […]

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Stars not aligned for smooth correction of false stock market

The Dow Jones Industrial Average is the world’s most widely followed share price index. It was created more than 120 years ago by the Wall Street Journal newspaper. Since then it has been a flashing indicator of the health of the American and, more recently, the global economy. The world in a number, one might […]

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