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Tag: Jefferies Group

Oil rally drives European shares higher

European shares were supported on Wednesday by strength in oil stocks after US president Donald Trump pulled the United States out of Iran’s nuclear agreement, boosting crude prices. While some well-received earnings updates also provided support to the overall market, shares in companies with exposure to Iran fell, with plane maker Airbus and car makers […]

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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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Best week since April for European shares as UK, Swiss indices hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index was up 0.8 per cent, holding at a two-month high, while euro zone blue chips […]

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Best week since April for European shares as UK, Swiss indexes hit records

European shares powered to their best week since last April on Friday, with the British and Swiss benchmarks hitting records, propelled by optimism about a strengthening regional economy and fresh new highs on Wall Street. The pan-European STOXX 600 index was up 0.8 per cent, holding at a two-month high, while euro zone blue chips […]

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CRH and Ryanair rise in sluggish Dublin market

Major global stock markets were little changed on Wednesday, hovering near recent record highs, while US treasury yields held close to multi-month peaks as a $1.5 trillion US tax reform bill approached the finish line in Washington. The Republican-led US House of Representatives gave final approval to the legislation later on Wednesday, which would enact […]

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CRH and Ryanair rise in sluggishness Dublin market

Major global stock markets were little changed on Wednesday, hovering near recent record highs, while US treasury yields held close to multi-month peaks as a $1.5 trillion US tax reform bill approached the finish line in Washington. The Republican-led US House of Representatives gave final approval to the legislation later on Wednesday, which would enact […]

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