Menu

Tag: Lufthansa

Nestlé buoys European shares while Apple boosts US tech firms

Both the Irish and UK stock exchanges were closed on Monday, however their European peers were open and shares closed higher on the day, supported by strong earnings updates and gains in Nestlé after the Swiss-based food firm agreed a tie-up with Starbucks. A weak euro, which typically gives an accounting boost to companies who […]

0 Comments
Read Full

European shares buoyed by Nestlé while Apple boosts US tech companies

Both the Irish and UK stock exchanges were closed on Monday, however their European peers were open and shares closed higher on the day, supported by strong earnings updates and gains in Nestle after the Swiss-based food firm agreed a tie-up with Starbucks. A weak euro, which typically gives an accounting boost to companies who […]

0 Comments
Read Full
 

Irish bank shares rise over tax pledge but US tech stocks take a beating

Shares rose generally yesterday with most European indices bar Germany’s Dax up. Bank of Ireland and AIB rose on news that the Minister for Finance, Paschal Donohoe, has pledged to allow lenders keep the ability to write off losses wracked up during the financial crisis against future corporate taxes. The move prompted stockbroker Davy to […]

0 Comments
Read Full

European markets buoyed up by insurance heavyweights

European shares rose on Thursday, after two days of losses, with equities buoyed by good results from companies including insurance heavyweights Munich Re and Generali. However, Société Générale fell after its deputy chief executive unexpectedly resigned, Swedish fashion retailer H&M declined after weaker-than-expected results and consumer goods giant Unilever lost ground in both its London […]

0 Comments
Read Full

Markets welcome US jobs growth but Dublin trading subdued

A strong jobs report out of the US boosted European shares on Friday after a sluggish start to trading, while US tariffs on steel and aluminium hit steelmakers. The US jobs data showed the country recorded its biggest increase in more than 18 months in February, but a slowdown in wage gains pointed to only […]

0 Comments
Read Full

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 […]

0 Comments
Read Full

Cairn Homes leads Iseq 20 on house price hopes

Cairn Homes and C&C led Irish large-caps higher, as the wider Iseq overall index stood out as a bright spot in Europe as traders returned to their desks for the first session of the new year. The Iseq overall index added 0.2 per cent to 7,054.55, recovering most of the ground lost on Friday, while […]

0 Comments
Read Full

CRH, Applegreen, Smurfit Kappa top Davy investment list

CRH has topped the list of companies whose shares securities firm Davy said have the potential to increase in price by more than 10 per cent during 2018. Davy compiles an annual “convictions” list from the 120 companies it covers, pinpointing the stocks that its research team considers are most likely to climb in value. […]

0 Comments
Read Full

Light trading volumes on last business day of 2017

Trading was light on the last business day of 2017, with a number of markets closing early ahead of the New Year holiday. Stocks ended the year ahead and the euro looked set to go out on a high against the dollar. DUBLIN AIB closed 1.46 per cent ahead at €5.50 at the end of […]

0 Comments
Read Full

Ryanair shares down 2% after decision to recognise pilots’ unions

Markets kicked off the build-up to Christmas on a positive note after US lawmakers agreed on tax cuts in the world’s biggest economy. DUBLIN Ryanair remained the big focus on the Irish market following its pledge at the weekend to recognise pilots’ unions. Its stock hit a low of €14.20 before paring back some of […]

0 Comments
Read Full