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Tag: Siemens

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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Stock markets rally after trade war fears ebb

European stocks jumped to their highest level in more than two weeks on Thursday as investors bought back into risky assets and trade tensions between the United States and China appeared to ebb. After a retaliatory blow from China against proposed US tariffs drew conciliatory noises from Washington, some investors calculated a full-blown trade war […]

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European shares rise on back of robust US data

European shares advanced on Friday, helped late in the session by robust US data, though stocks across the continent ended the week with a slight loss as worries about a trade war and geopolitical tensions kept investors on edge. The pan-European STOXX 600 index closed up 0.2 percent at 377.79 points and lost 0.1 percent […]

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Irish shares fall as memories of rally fade

Irish shares fell on Monday in line with European markets as memories of a strong rally globally last week from a recent sell-off faded. The Iseq index ended the session down 0.5 per cent at 6,797.74 points, marking its first decline in six sessions, while the pan-European Stoxx 600 index lost 0.6 per cent to […]

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European shares flag as ECB provides no momentum

European shares lagged their US peers and closed in negative territory on Thursday, as a busy day of central bank meetings failed to provide momentum even though the European Central Bank raised its growth and inflation forecasts. Europe’s STOXX 600 ended the day down 0.46 per cent, while US stocks climbed higher in morning trading, […]

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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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