Ryanair stock soars in morning trade

There was a lacklustre start for the ISEQ this morning, as the index fell 6.87 points to 6453.42.

Ryanair bucked the trend however, by surging 51 cent to €6.39 after the airline unveiled a 26% fall in third-quarter net profits to €35m (£24m) after it was affected by the earlier-than-scheduled release of maintenance provisions, record fuel prices and intense competition.