Monday 22 December 2014

Markets Report: Irish stocks up - Europe unchanged

Published 10/07/2014 | 02:30

By mid afternoon in Dublin, the ISEQ Overall Index was up 0.71pc or 33.14 points to 4700.24
By mid afternoon in Dublin, the ISEQ Overall Index was up 0.71pc or 33.14 points to 4700.24

IRISH shares were up yesterday by mid afternoon, as European stocks were little changed.

By mid afternoon in Dublin, the ISEQ Overall Index was up 0.71pc or 33.14 points to 4700.24.

The leaders on the Dublin market included speciality baker Aryzta, which was up 2.2pc to €70.23, while Ryanair increased 1.6pc to €6.84.

Bank of Ireland and AIB were up 1.2pc and 1.1pc respectively to 25 cents and 10 cents.

On the other side of the board, the laggards included Providence Resources, which was down 9.5pc to €1.60, while UTV media fell 11.8pc to €2.47.

Packaging giant Smurfit Kappa fell 1.5pc to €14.85 by mid afternoon, while insurance group FBD was down 1.3pc to €14.71.

Elsewhere, European stocks were little changed as investors awaited minutes from the Federal Reserve's most recent meeting and as Banco Espirito Santo led Portuguese stocks to this year's low.

The Stoxx Europe 600 Index slipped 0.1pc at 3:12 pm in London.

In London, the FTSE 100 was down 0.4pc at 3.16pm, while France's CAC 40 and Germany's DAX were up 0.2pc.

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