World stocks move lower

Global stocks edged lower yesterday along with the euro as the White House and US legislators planned to make a late effort to avoid the US “fiscal cliff”.

The ISEQ fell 10.11 to 3,366.23.

CRH, the most traded stock on the Anglesea St bourse with 982,020 shares changing hands in 1,186 deals, fell 6c €15.22.

Despite the tensions over the US budget talks, the mood in financial markets has been improving in recent weeks. Analysts are hopeful that Europe may soon bottom out.


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