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Article: DUBLIN stocks continued to recover ground yesterday as the market reacted first to positive statements from the ECB as well as the Bank of England and then to a strong opening on Wall Street.
- Article from:
- Irish Independent (Dublin, Republic of Ireland)
- Article date:
- November 6, 2009
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Banks gain most in ISEQ bounce
Pat Boyle
DUBLIN stocks continued to recover ground yesterday as the market reacted first to positive statements from the ECB as well as the Bank of England and then to a strong opening on Wall Street.
However, the ISEQ index remained stuck under the 3000 mark, ending 41.7 points or 1.42pc higher at 2965.29.
An impressive start to trading on the Dow Jones Industrial Average on Wall Street -- up 1.5pc in the first few hours -- helped give European markets, including Dublin, a boost. US stocks jumped after encouraging news on jobs and consumer spending, with a fall in the number of newly laid-off workers ...