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Banking and mining stocks buck trend as shares slide

European shares dipped on Thursday although sectors such as banking and mining provided investors with some respite. DUBLIN Airline Ryanair fell 1.18 per cent to €15.50. There was no news behind the fall but traders suggested that it was on the back of concerns about oil price rises. Cement giant CRH dipped 0.7 per cent […]

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Sterling drop weighs on Iseq as European shares advance

The Iseq index stood out as a weak spot across European markets on Friday as a drop in the value of sterling against the euro as a result of weaker-than-expected UK economic figures weighed on sentiment. The Iseq index fell 0.2 per cent to 6,798.38 points, resulting in a 0.4 per cent decline for the […]

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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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Dublin’s Iseq lags European peers after choppy trading session

European shares ended Friday in positive territory after a choppy session, posting a slim weekly gain as investors digested disappointing company results. The UK’s top share index dipped after bank RBS and Aer Lingus owner IAG tumbled following their results, sending the FTSE 100 to a slight weekly loss. US stocks rose with treasuries and […]

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European corporate results fail to impress investors

The Iseq overall fell 0.14 per cent on Thursday, but still managed to outperform wider European indices. Britain’s top share index fell to a one-week low on the back of disappointing results, big stocks going ex-dividend and concerns over rising bond yields. Across Europe, it was a similar picture, with a flurry of corporate results […]

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Stocks endure another day of volatility as US bond yields creep up

World stock markets remained volatile on Thursday, with Europe initially performing well before poor performance in the US dragged stocks down. Major US indices fell more than 1 per cent as US bond yields crept back towards four-year highs. The Iseq overall index fell 1.58 per cent in line with broader European markets. In the […]

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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 still jumpy but markets recover lost ground

US markets remained volatile yesterday as investors remained nervous in the wake of this week’s stock rout. Irish shares gained €1.3 billion on Wednesday as European markets recovered some lost ground. The Dow Jones and S&P 500 fluctuated throughout the day, but ended in positive territory wit the Dow up 172.25 points, or 0.69 per […]

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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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