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Article: Market edges higher on airline and bank gains.
- Article from:
- Daily Mail (London)
- Article date:
- May 31, 2008
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AIRLINES and banks helped lift the Iseq index out of the red yesterdayas oil prices drifted lower but spiked again, with Ryanair shares mirroring thesee-sawing prices.
European stocks gained ground for the third day in a row as banks rose and adrop in oil prices brought some relief to airlines.
Air France topped European winners with a 7.7pc gain and British Airways jumped6.3pc. Oil prices dipped to below $126 today, after a steep fall in theprevious session, as a rise in the dollar eclipsed the biggest drop in U.S.inventories since 2004, just one week after crude oil prices reached anall-time high above $135 a barrel.
Ryanair delivers its full ...