Ryanair misses out as global stock markets rally on hopes some Covid-19 restrictions will be lifted

Ryanair shares fell 1.5% to bring its losses in the past year to 25%.

A partial rally in global oil prices helped buoy global shares with the lifting of Covid-19 restrictions helping European stock markets, in particular.

Most Irish shares joined in the rally, with AIB and Bank of Ireland — which international investors trade as proxies for the Irish economy — rising by up to 5%.