Market advance led by CRH
European shares began the week mixed as investors chose to cash in some recent gains. Brokers said that investor sentiment remains positive, with the outlook for the US economy brightening after the Federal Reserve’s announcement last week of more debt purchases and after encouraging US jobs data on Friday.
In the financial sector, the banks had a mixed day. AIB tacked on 2c to 28.8c. Bank of Ireland slipped 2.4c to 40.1c. Irish Life & Permanent dived 17c to 88c, while insurance group FBD Holdings declined by 30c to €5.90.
