Eurozone markets end week lower

Markets across the eurozone all finished the week lower, with investors waiting on news of US and UK manufacturing data.

There is also a market fear that the low levels of inflation across the zone will lead to an ECB interest rate cut early next week. The Iseq closed down 13.47 points to finish the week on 4,392.43.

The financial sector had a poor day as only AIB showed a profit, closing up 0.2c to finish on 9.6c. Bank of Ireland closed the week down 1.4c to 25.6c and Permanent TSB was a non-mover finishing on 4.4c.

Meanwhile, insurer FBD Holdings tracked on €15.50, down 40c on the day’s activity. It was a similar story in the construction sector as Kingspan Group added 28c, to finish on €12.60 while CRH shed 16.5c to finish on €17.735.


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