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Tag: Independent News

Italian political crisis sees risk appetite wither in Europe

Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. The region’s shares and currency reversed early gains. Holidays in the US and UK also slowed trade. DUBLIN Traders complained that business in Dublin was “very, very quiet”, largely thanks to the closure of New York and London […]

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Italian politics dominate markets on a day when US and UK holidays slowed trade

Politics dominated markets on Monday, with risk appetite withering in Europe as Italy lurched toward fresh elections. The region’s shares and currency reversed early gains. Holidays in the US and UK also slowed trade. DUBLIN Traders complained that business in Dublin was “very very quiet”, largely thanks to the closure of New York and London […]

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Markets trend down as US-China trade talks hit obstacle

Global stocks sold off while investors raced for the safety of the Japanese yen and some government bonds on Wednesday as concerns rose that setbacks to US-China trade talks would undermine world economic growth. US president Donald Trump said trade discussions with China would need to be rerouted, saying the current track appeared “too hard […]

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European stocks lifted by deals but Iseq drops

European shares edged higher on Friday, capping off their longest weekly winning streak for more than three years as investors mulled a slew of mergers and acquisitions (M&A) activity. The pan-European STOXX 600 index ending up 0.1 per cent, scoring its seventh straight week of gains and the longest winning streak since March 2015. Dublin […]

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European shares choppy as earnings fail to set trend

European shares steadied on Tuesday as a batch of company updates failed to set a clear trend and chipmakers were weighed down by a warning of a downturn in orders by Austria-based chipmaker AMS, which supplies Apple. The pan-European STOXX 600 benchmark ended flat at the end of a choppy day, marginally weighed down after […]

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CRH shares soar while INM recovers lost ground

Shares in CRH soared the most in eight months on Friday, lifting Dublin’s Iseq index, as investors mulled over comments made by the building materials group’s chief executive, in which he said that options to increase shareholder value are under careful review. Meanwhile, the pan-European Stoxx index held steady at the end of a strong […]

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CRH shares soar most in eight months

Shares in CRH soared the most in eight months on Friday, lifting Dublin’s Iseq index, as investors mulled comments from the building materials group’s chief executive where he said that options to increase shareholder value are under careful review. Meanwhile, the pan-European Stoxx index held steady at the end of a strong week as a […]

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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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Shares rise as China’s Xi backs away from trade war

European shares rose on Tuesday after Chinese president Xi Jinping promised to cut import tariffs, fuelling optimism that a trade war between his country and the US could be averted. Gains were widespread, with the STOXX 600 closing up 0.82 per cent, slightly below Wall Street, where the S&P 500 was up 1.8 per cent […]

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