Eurozone markets in positive mood

Markets across the eurozone were quick out of the blocks yesterday.

This mirrored the gains made in Asia on the back of a G20 statement. The gains were trimmed in the afternoon, however, on news that US house sales unexpectedly declined in March.

The Iseq kept in positive territory, bolstered by leading pharmaceutical company Elan which earlier rejected a formal takeover bid from US company Royalty pharmaceutical. The company added 30.8c to close on €9.21, while the Iseq index closed up 18.88 points to 3,829.87.

In the construction sector, Kingspan added 30c to close on €9.24 and Grafton Group gained 10.1c to finish at €5.05 while CRH was flat on €15.36.