Dublin market ends day falling behind the wider European trends
Kingspan
Irish index of shares ended the week up 0.5% with gains in construction and travel
Overall, the company tells investors it had a ‘reasonable’ first quarter despite a “sluggish start to the year
Technology stocks and luxury shares among those in decline, but FTSE 100 in London reaches fresh record high
Euronext Dublin up just over 1% at close of business on ‘strong day’ for the market, traders say
Underperforming its European peers, the Iseq index added 0.3%
Bank stocks decline 2.4%, notching up their steepest one-day drop in more than eight months
Proxy advisory company Glass Lewis concerned at ‘paucity of disclosure’
Iseq index outperforms its European peers, adding 0.75 per cent
Iseq index shed 0.8% on Tuesday, dragged lower by banks and larger caps
Utilities, retail and telecommunications were the worst-hit sectors, down between 1.6 per cent and 2.2 per cent
The market now sees a 71% chance of a European Central Bank rate cut in two months’ time
Europe’s Stoxx 600 was up 0.2 per cent, bringing quarterly gains to about 7 per cent
Chief executive Gene Murtagh rules out improving offer
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