Sunshine and thundery showers








 

 






World stocks on the rise

Saturday, February 04, 2012

THE ISEQ index advanced 69.50 points to 3,135.32 in line with other European and world bourses yesterday.

European shares had significant gains after US non-farm payrolls data beat expectations, increasing optimism that the world’s largest economy was on track for a recovery. US non-farm payrolls rose at their fastest pace in nine months and the unemployment rate dropped to a near three-year low.

In the financial sector, Bank of Ireland jumped 2c to 15c. AIB gained 1.3c to 8.8c. Irish Life & Permanent was unmoved at 3.7c, while insurance group FBD Holdingsimproved 28c to €7.25.

In the construction sector, CRH progressed 45c to €15.78. Grafton Group moved up 7c to €2.75, while Kingspan closed up 1c at €7.25.





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