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Tag: Permanent TSB

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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Bank rally pushes markets up again

Global bond yields rose after Bloomberg reported that Chinese officials were said to be wary of American government debt, further roiling a bond market unnerved by a recent sell-off. This drove financial stocks across Europe higher and kept markets on winning run. Reduced asset purchases by the world’s top central banks, rising commodity prices and […]

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Most-wanted and least-loved stocks as investors eye 2018

Applegreen Fuel forecourt Applegreen, whose shares surged 29 per cent last year, is among the most widely tipped Irish stocks among analysts for 2018, as the Irish economy continues to grow and the group expands further in the UK and the north-eastern US. Merrion Capital expects the company’s operating profits to grow by between 15 […]

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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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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 […]

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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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Banks lead European markets higher

The Stoxx Europe 600 Index advanced with banks outperforming after US Fed Federal Reserve chairwoman Janet Yellen’s proposed replacement, Jerome Powell, signalled that he would not add to financial regulations. Retailers got a leg up after the strongest euro-zone confidence data since 2000 underscored the region’s economic resilience. Core European bonds fell and the euro […]

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Royal Dutch Shell helps European shares edge upwards

European shares edged up on Tuesday, aided by a strong performance from Royal Dutch Shell, which boosted oil and gas stocks, while the Irish focus was on Dublin-based UDG Healthcare, which reported full-year results. DUBLIN The Irish market lagged most European peers with traders noting that volumes were light for the most part on Tuesday. […]

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