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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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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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European shares end April on a high as UK merger shakes up retail

A multi-billion pound merger between British supermarket Sainsbury’s and Asda shook up retail stocks on Monday while European benchmarks ended April with their strongest monthly gains since 2016. The pan-European Stoxx index rose 0.1 per cent while Germany’ s Dax gained 0.3 per cent, buoyed by investors’ improved risk appetite as inter-Korea tensions eased and […]

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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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Kerry Group falls as Green Reit advances after issuing results

The Iseq overall index advanced 0.23 per cent on Tuesday as results both helped and hindered stocks on the index. Both Kerry Group and Green Reit issued results, with the latter advancing as shares in Kerry Group declined. In Britain a disappointing update from banking heavyweight HSBC and declines in big mining stocks on metal […]

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CRH and rebounding Ryanair lift Iseq as European shares dip

Irish stock market heavyweights CRH and a rebounding Ryanair lifted the Iseq index higher on Tuesday as the wider European and US markets succumbed to selling pressure. The Iseq index ended the session up 0.6 per cent to 6,998.82, while the pan-European Stoxx 600 index dipped 0.4 per cent to 391.02. DUBLIN Ryanair rallied by […]

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German political problems fail to scare European stock markets

European markets shrugged off the failure of politicians to form a coalition to run Germany, the region’s biggest economy, and gained ground on Monday. DUBLIN Index heavyweight, building materials giant, CRH, helped drive the Irish market’s advance, climbing 2.1 per cent to €30.93. Traders pointed out that the stock had a “fairly chequered” few days […]

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European stocks break losing streak

European shares enjoyed a recovery on Thursday, snapping their longest losing streak since October 2016 as the cyclical sectors which had driven a market-wide sell-off made a comeback, though oil was a weak spot. The pan-European Stoxx 600 index climbed 0.8 per cent, with the cyclicals-heavy Dax up 0.6 per cent. Financial services, autos and […]

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No black Friday for investors as markets hold steady underpinned by banks

European shares ended little changed on Friday, underpinned by gains among heavyweight financial stocks. British shares were slightly lower. US stocks gained, with the Nasdaq and the benchmark S&P 500 hitting records, helped by higher commodity prices and with retail stocks getting a boost on signs of a strong Black Friday start to the holiday […]

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