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Markets trend down as US-China trade talks hit obstacle

Global stocks sold off while investors raced for the safety of the Japanese yen and some government bonds on Wednesday as concerns rose that setbacks to US-China trade talks would undermine world economic growth. US president Donald Trump said trade discussions with China would need to be rerouted, saying the current track appeared “too hard […]

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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 […]

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Oil stocks and online supermarket Ocado buoy European equities

European shares rose on Thursday to a fresh three-month high as oil stocks rallied and online supermarket Ocado shot up after it signed a game-changing deal in the United States. The pan-European Stoxx 600 ended up 0.7 per cent, while Italy’s benchmark index bounced 0.3 per cent following heavy losses in the previous session on […]

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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 […]

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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 […]

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Banking and mining stocks buck trend as shares slide

European shares dipped on Thursday although sectors such as banking and mining provided investors with some respite. DUBLIN Airline Ryanair fell 1.18 per cent to €15.50. There was no news behind the fall but traders suggested that it was on the back of concerns about oil price rises. Cement giant CRH dipped 0.7 per cent […]

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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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Oil prices fall as market awaits Trump decision on Iran

Oil prices eased slightly on Tuesday, a day after hitting three-year highs, as investors braced for President Donald Trump’s decision on whether to withdraw the United States from the Iran nuclear deal. Asian shares picked up, helped by technology stocks as generally upbeat earnings overcame weakness in the global smartphone market and concerns about more […]

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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 […]

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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 […]

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