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Tag: Market News

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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Strong JPMorgan earnings update boosts US financial stocks

The UK’s top share index held on to record highs on the last day of the trading week as the Iseq overall index edged up by 0.58 per cent. Meanwhile, in the US, a strong update by the biggest US lender by assets, JPMorgan lifted financial stocks while robust retail sales data helped Amazon provide […]

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European shares dip as bond sell-off slows rally

European shares dipped on Thursday as a bond market sell-off and a stronger euro took the steam out of the breakneck New Year rally in equities. Results drove the bulk of stock moves, with disappointments from retailers Tesco and Marks & Spencer weighing heavily. Dublin The Iseq fell 0.9 per cent as a climb for […]

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Wall Street hits record as European stocks trade higher

On the day Mifid II launched Ireland saw relatively strong trading volumes according to Dublin traders and the Iseq overall index closed up 0.02 per cent with Ryanair and Bank of Ireland leading the pack. Britain’s main stock index rose 0.4 per cent to within a whisker of its recent record high, reversing an earlier […]

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Slow iPhone sales pushes European tech stocks down

There was very light volume traded on Wednesday as European markets closed the day up marginally while US indices were trading up despite a fall in the technology sector after reports of tepid sales for Apple’s iPhone X. Ireland’s benchmark Iseq overall index closed up by 0.05 per cent with little movement across the board, […]

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European stocks struggle while Nike weighs on US market

Stocks in Europe struggled for traction and the euro declined after Catalan separatists won a regional election in Spain. Spanish stocks fell 1.15 per cent, while Spanish bonds also dropped along with peripheral European government debt, before paring their drop. Reports showed US consumer spending rose more than forecast in November and an inflation gauge […]

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British gambling firm GVC seals Ladbrokes takeover

Online gambling group GVC has agreed to buy bookmaker Ladbrokes Coral for up to £4 billion (€4.51 billion) to create a company that would rank among Britain’s largest businesses. GVC, the owner of the Sportingbet, Bwin and Foxy Bingo brands said it would pay 32.7 pence in cash and 0.141 new GVC shares for each […]

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Tracker impact wanes with AIB reversing losses and closing up

Thursday proved a quiet day on the Irish Stock Exchange with the banks seeing good volume compared to other stocks. The effect of news on the tracker mortgage investigation earlier in the week appeared to be waning, with Ireland’s biggest banks both up on the day. The Iseq overall index closed up by 0.29 per […]

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AIB reverses losses and closes up by 0.5% on quiet day for Dublin shares

Thursday proved a quiet day on the Irish Stock Exchange with the banks seeing good volume compared to other stocks. The effect of tracker mortgage news earlier in the week appeared to be waning with Ireland’s biggest banks both up on the day. The Iseq overall index closed up by 0.29 per cent. Britain’s top […]

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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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