Menu

Tag: Smurfit Kappa

Ryanair lifts Iseq as global investors hail easing US-China trade wars threat

The Iseq surged 1.2 per cent on Monday, helped by a surge Ryanair, one of the index’s heavyweight stocks, and as investors globally were cheered by easing trade tensions between the US and China. The Iseq closed at 7,181.25, less than 55 points off the decade-high reached by the index in January before equities were […]

0 Comments
Read Full

Greencore must convince investors it has drawn line under US woes

Greencore shares have recovered almost half their ground since slumping 30 per cent four days before St Patrick’s Day as the convenience foods group warned that problems in its US business would lead to weaker-than-expected earnings this year. Chief executive Patrick Coveney will be hoping that he can draw a line under the US woes […]

0 Comments
Read Full
 

Italian political risk scares investors but Europe closes higher

Irish stocks edged higher on Wednesday while a weak euro provided support to the broader European market. In Italy, investors on the Milan bourse were scared off after the country’s two anti-system parties made progress in forming a coalition – thus potentially freeing up billions for tax cuts and welfare. Britain’s FTSE 100 was driven […]

0 Comments
Read Full

Strong performance by oil stocks boosts European shares

European shares inched up aided by a strong performance from oil stocks boosted by news of an increase in crude prices. DUBLIN Former Ires Real Estate Investment Trust chief executive David Ehrlich sold 11.8 million shares to the listed landlord’s biggest investor Capreit for €1.3773 each. However, the news had little impact on the Ires […]

0 Comments
Read Full

Market Beat: Investors have rightly learned to fear results day at Paddy Power Betfair

Paddy Power Betfair chairman Gary McGann was unfazed two years ago when a lucrative executive bonus scheme was met by a mini shareholder revolt at the group’s first annual general meeting as a merged entity. As almost a third of investors polled on directors’ pay voted against the resolution, McGann insisted the bookmaker had succeeded […]

0 Comments
Read Full

Smurfit Kappa gains in Dublin after positive trading update

Healthcare and technology companies led gains in European equities on Friday as the euro slipped amid mounting concern about the region’s economic outlook. Financial stocks recovered some earlier losses incurred after disappointing earnings reports from BNP Paribas, Société Générale and HSBC. Wall Street was led by gains for Apple after Berkshire Hathaway, the company owned […]

0 Comments
Read Full

Irish shares dip as European traders enjoy May Day break

Irish shares dipped on Monday, taking their cue from early weakness on Wall Street, as traders across continental European markets and much of Asia took the day off to enjoy May Day. Markets were shut for holidays in many countries including Germany, France, Italy, Spain, China, Hong Kong, Singapore and India. The Iseq index ended […]

0 Comments
Read Full

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 […]

0 Comments
Read Full

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 […]

0 Comments
Read Full

Glanbia rises as over 500,000 of its shares changes hands

European markets rose on Wednesday as miners gained from metal price increases and strong company results boosted investors’ confidence. DUBLIN Food group Glanbia climbed 2.58 per cent as more than 500,000 of its shares changed hands. Kerry Group rose by 1.41 per cent to €86.20. Danone, one of Europe’s biggest dairy companies, reported strong results […]

0 Comments
Read Full