Kingspan and other Irish shares drive European stock markets higher

Irish shares jumped 2.1% on Tuesday, leading the advance among the country's continental peers.

Irish stocks were boosted by gains in Kingspan, which jumped almost 16%, after forecasting record profit for the first half of the year. Stock picture

European shares ended higher, helped by a surge in Irish shares, amid investor hopes the US Federal Reserve was nearing the end of its interest rate hiking cycle and as China extended some policy measures to support its battered property sector.

The pan-European Stoxx-600 ended 0.7% higher, rising for the third straight session.