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Tag: Hibernia HMDC

Irish shares dip as European traders enjoy May Day break

Irish shares dipped on Monday, taking their cue from early weakness on Wall Street, as traders across continental European markets and much of Asia took the day off to enjoy May Day. Markets were shut for holidays in many countries including Germany, France, Italy, Spain, China, Hong Kong, Singapore and India. The Iseq index ended […]

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Shares rally after Trump signals strike on Syria not imminent

Ireland’s benchmark Iseq overall index outperformed wider European markets on Thursday, rising 0.95 per cent. European shares rose alongside a relief rally across global markets after US president Donald Trump signalled that military strikes in Syria may not be imminent. However, the signals were not sufficient for UK investors, and Britain’s FTSE 100 remained flat […]

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Syria relief rally helps European shares edge higher

Ireland’s benchmark Iseq overall index outperformed wider European markets on Thursday, rising 0.95 per cent. European shares rose alongside a relief rally across global markets after US president Trump signalled that military strikes in Syria may not be imminent. However, the signals weren’t sufficient for UK investors and Britain’s FTSE 100 remained flat on the […]

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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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European shares post worst quarter in two years despite M&A lift

Merger and acquisition activity gave European shares some relief on Thursday after a tech-led sell-off across global markets earlier in the week, but the Stoxx 600 still posted its worst quarter in the last two years. The Stoxx 600 ended the month on a positive note, up 0.44 points at 370.87 points, but closed the […]

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Dropbox a bright spot on negative week for Silicon Valley

After a relatively difficult week for Silicon Valley as investor sentiment turned sour against companies like Facebook, one bright light came in the form of Dropbox, which went public on Friday. The company jumped as much as 48 per cent after it debuted on the Nasdaq on a day when fears continued to mount over […]

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Italian politics and weak banks weigh on European shares

European shares dipped on Wednesday as strong results from Adidas and robust mining stocks were more than offset by weak banks and a drop in Italian stocks over fresh political jitters. Italy’s FTSE MIB index fell 1.1 per cent, turning lower after right-wing leader and aspiring prime minister Matteo Salvini reiterated his party’s view that […]

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Italian politics, banks weigh on European shares

European shares dipped on Wednesday as strong results from Adidas and robust mining stocks were more than offset by weak banks and a drop in Italian stocks over fresh political jitters. Italy’s FTSE MIB index fell 1.1 per cent, turning lower after right-wing leader and aspiring prime minister Matteo Salvini reiterated his party’s view that […]

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European shares bounce off six-month lows

European shares bounced off six-month lows on Tuesday as the focus shifted from politics to dealmaking and earnings, with paper and packaging stocks soaring after Smurfit Kappa rejected a bid approach. Telecom Italia jumped 5.9 per cent after activist investor Elliott confirmed it had built a stake in a bid to improve governance and strategy […]

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European shares trade higher as focus turns to monetary policy

European shares rose on Monday, with gains across bourses and industry sectors, as the focus gradually shifts from the earnings season to monetary policy and politics with Italy’s election on Sunday. Shares gave up some of their gains after comments by European Central Bank president Mario Draghi suggested the bank was still confident that inflation […]

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