Markets rise after war in Libya ends

IRISH stocks ended the day in positive territory yesterday as stocks around Europe reacted favourably to news of an end of the war in Libya.

Markets rise after war in Libya ends
Tue, 23 Aug, 2011 - 01:00
Niamh Hennessy

The ISEQ index ended the day up 0.8% while in Britain stocks advanced, snapping a three-day losing streak. The FTSE 100 rose 1.1%.

There is speculation the Federal Reserve may this week signal additional stimulus measures. Also boosting markets was the prospects for energy companies with the end to the war in Libya.

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CourtsPlace: LibyaPlace: EuropePlace: BritainPlace: ItalyPlace: SpainPlace: GermanyPlace: LondonOrganisation: IrishOrganisation: IseqOrganisation: Federal ReserveOrganisation: Bank of IrelandOrganisation: CRHOrganisation: European Central BankOrganisation: ECBOrganisation: Organisation for Economic Cooperation and DevelopmentOrganisation: OECD
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