Main movers not the banks as market gains 2%
As Ryanair gained 8% on soaring profit forecasts, packaging group Smurfit Kappa rose by more than 3.5% to close at €6.39, a gain of 22c on the day.
Though a hostage to economic cycles the group’s packaging operations set to benefit from any pick-up in international markets that most analysts anticipate for 2010.