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Tag: HSBC

Ryanair lifts Iseq as global investors hail easing US-China trade wars threat

The Iseq surged 1.2 per cent on Monday, helped by a surge Ryanair, one of the index’s heavyweight stocks, and as investors globally were cheered by easing trade tensions between the US and China. The Iseq closed at 7,181.25, less than 55 points off the decade-high reached by the index in January before equities were […]

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Smurfit Kappa gains in Dublin after positive trading update

Healthcare and technology companies led gains in European equities on Friday as the euro slipped amid mounting concern about the region’s economic outlook. Financial stocks recovered some earlier losses incurred after disappointing earnings reports from BNP Paribas, Société Générale and HSBC. Wall Street was led by gains for Apple after Berkshire Hathaway, the company owned […]

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Banks lead European stocks higher as telecoms weigh

European stocks recovered on Tuesday, led by the banks, while tech stayed under pressure after concerns over increased regulation and taxation of large companies in the sector prompted selling overnight on Wall Street. The pan-European STOXX 600 index ended 0.5 per cent higher, while Britain’s FTSE rose 0.3 per cent after hitting a 15-month low […]

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Kerry Group falls as Green Reit advances after issuing results

The Iseq overall index advanced 0.23 per cent on Tuesday as results both helped and hindered stocks on the index. Both Kerry Group and Green Reit issued results, with the latter advancing as shares in Kerry Group declined. In Britain a disappointing update from banking heavyweight HSBC and declines in big mining stocks on metal […]

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Wall Street enters correction territory as markets plunge

Volatility returned to markets on Thursday as US indices finished the day sharply lower, plunging them into correction territory. The Dow Jones industrial average slipped 1,032 points into the red – a 4.2 per cent drop,while the the S & P and Nasdaq both lost more than 3 per cent. Though US markets had fallen […]

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Wall Street turmoil deepens as investors rush to bonds

Wall Street’s turmoil deepened on Thursday, sending the biggest US equity benchmark tumbling back into negative territory for the year and investors flooding to the safety of US Treasuries. The S&P 500 slid as much as 2.4 per cent in midday trading in New York, touching a low for the day of 2,616 points. It […]

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Wall Street and European markets face renewed pressure

European stocks were back under pressure on Thursday, as the bout of volatility this week that brought an end to a lengthy period of calm across world markets continued to reverberate. Germany was hit hardest as the selling took hold across the region, although the declines did not match the intensity seen earlier the week, […]

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US markets hit by further volatility after day of swings

US stocks remained on an unsteady footing as the bout of volatility that’s gripped global financial markets persisted amid signs that the rise in treasury yields has yet to run its course. Stocks swung between gains and losses throughout the session before ending lower after heavy selling in the final 15 minutes of trading. Earlier, […]

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Wall Street recovery spreads to European markets

Recovery on Wall Street spread to European markets including Dublin, where a number of heavyweights performed well. DUBLIN Traders in Dublin declared that it was “up, up, up” on Wednesday. They said investors’ belief that the previous days’ selling was overdone drove the near universal rise in stocks. “People look for a buying opportunity and […]

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Volatility reigns although feared global wipeout partially stalls

European shares closed down more than 2 per cent on Tuesday on the back of continued market volatility in the US. Britain’s major share index, the FTSE 100, had its worst day since the Brexit vote as a violent global sell-off in stock markets shook investors. US equity indexes fluctuated after a tumultuous morning that […]

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