Ryanair gains buoy up ISEQ

Ryanair stock was among the ISEQ's most traded today, after the airline announced second-half profits of €201.3m, up 15% from last year. Company stock surged by 43 cent to €4.46 in morning trade.

Ryanair boss Michael O'Leary put the profits down in large part to route and fleet expansion which increased capacity, as well as to increases in passenger numbers due to other airlines' decision to pass on fuel surcharges in ticket prices.