Dublin market is boosted by modest rise in bank shares
Smurfit Kappa
Chief executive Tony Smurfit granted just under 98,000 share awards worth €4.1 million
Veteran executive has previously served on the board of Flutter and Aryzta
Tech stocks and chipmakers decline on Wall Street
Pan-European Stoxx 600 extends gains and hit a fresh record high, rising 1 per cent
Interest likely to die down in near future
World stocks dipped on Wednesday amid a spate of disappointing earnings reports, as investors also await US and euro zone inflation data
Insulation specialist Kingspan was the only standout stock on Euronext Dublin as it finished up 2.5% to hit a 52-week high
London’s main problem is the same as Dublin’s – the greater liquidity and higher valuations on offer in the US
Renault, Pernod Ricard and Commerzbank among the gainers, but fall for Kerry leaves Iseq in the red
In Dublin, the ISEQ All Share index outperformed European peers, gaining 0.94 per cent
Euronext Dublin finished the day down 0.3% as it was dragged lower by homebuilders and hotels group Dalata
Smurfit Kappa advances in Dublin, while Disney gains on Wall Street
Iseq index finished down 0.6%, weighted down by banks and packaging names
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