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Tag: HSBC

Carillion collapse weighs heavily on UK and European equities

On the first day of a new trading week US markets were closed on account of Martin Luther King day. Meanwhile, Ireland’s benchmark Iseq overall index edged up by 0.08 per cent, beating its UK and European peers. Both UK and European stocks fell on Monday, with Carillion’s collapse causing investors to establish the disruption […]

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Bank rally pushes markets up again

Global bond yields rose after Bloomberg reported that Chinese officials were said to be wary of American government debt, further roiling a bond market unnerved by a recent sell-off. This drove financial stocks across Europe higher and kept markets on winning run. Reduced asset purchases by the world’s top central banks, rising commodity prices and […]

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European shares slip; Italian stocks fall on political uncertainty

Stocks globally reached a record high on Wednesday ahead of a widely expected interest rate increase by the US Federal Reserve. Political jitters hit Italian stocks on Wednesday however and the broader European market slipped later in the day. Italy’s parliament will be dissolved between Christmas and the new year, with national elections probably set […]

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Weak sterling boosts the FTSE 100 while European shares slipped back

The FTSE 100 emerged as a top performer among its European peers, boosted by an extended sterling sell-off linked to investor jitters around Brexit. London’s blue chip index rose 0.8 per cent, while continental indices suffered. The French Cac 40 and German Dax fell 0.23 per cent each. Technology and energy stocks gained in early […]

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CRH rises as Trump prepares to unveil infrastructure plan

London’s top-flight index rebounded on Friday and sterling gave up its gains as prime minister Theresa May overcame a major barrier in the Brexit negotiations. Dublin Building materials company CRH closed the day up 1.5 per cent in Dublin on the back of rumours that US president Donald Trump is to ramp up infrastructure spending. […]

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Iseq bucks trend to finish higher

European shares struggled in the final trading session of the week, as Thursday’s bounce proved to have little staying power. The Stoxx Europe 600 Index closed down 0.2 per cent as the London, Frankfurt and Paris markets all edged lower, while the US market was also in negative territory in early trading. The Dublin market […]

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lseq bucks trend to finish higher

European shares struggled in the final trading session of the week, as Thursday’s bounce proved to have little staying power. The Stoxx Europe 600 Index closed down 0.2 per cent as the London, Frankfurt and Paris markets all edged lower, while the US market was also in negative territory in early trading. The Dublin market […]

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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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