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Article: Weak market and low volumes hold Dublin back; Iseq briefing: Closed at 2,643.86 up 11.20.(News)
- Article from:
- Daily Mail (London)
- Article date:
- May 19, 2009
CopyrightCOPYRIGHT 2009 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A WEAK global stock market performance held Dublin back yesterday, with trading volumes sluggish.
European equities closed higher as financial stocks climbed on hopes that a recession in top global economies was abating, while energy stocks tracked higher crude oil prices.
The FTSEurofirst 300 index of top European shares provisionally closed 2.2pc higher at 858.73 points after trading in a wide range of 827.32-859.49. Financials were the top gainers, with Standard Chartered Bank rising 7.9pc, HSBC up 4.6pc, Barclays gaining 5.1pc, Commerzbank up 9pc and UniCredit jumping 13.5pc.
Across Europe, the FTSE 100 index, Germany's DAX and France's CAC ...