Markets gain as all eyes turn to ECB rate announcement

European markets rebounded yesterday after weaker sessions on the first two days of the week. Most markets posted gains of over 1% as all eyes begin to turn to the ECB rate announcement and subsequent press conference today.

The Iseq index gained almost 2% or 89.46 points to 4902.17. The Irish-listed banks had a mixed performance as Bank of Ireland tacked on 0.4c to 30.2c, while both AIB and Permanent TSB Group remained flat. The former closed at 10.6c while the latter finished the session at 7.1c. FBD Holdings gave up 11c to €13.74.

Food producers traded well on the day as Kerry Group added 65c to €55.15, while Aryzta was 83c better at €66.33. Glanbia gained 5.5c to €11.495.

Elsewhere, Ryanair continued its strong post third-quarter numbers run, moving on 18c to €8.57.

Aer Lingus jumped almost 8% to €1.638 as news surfaced that unions have voted in favour of a resolution to recent pension issues.


Lifestyle

'When a role became available in The River Lee following the refurbishment, I jumped at the chance!'You've Been Served: Sinead McDonald of The River Lee on life as a Brand Manager

It’s the personal stories from Bruce Springsteen that turn his new ‘Western Stars’ documentary into something special, the director tells Esther McCarthy.Bruce Springsteen's Western Stars documentary more than just a music film

Apart from the several variations in its spelling in Irish and English, Inishtubbrid, Co Clare is also recognised by three other names: Wall’s Island; O’Grady’s Island and Inishtubber which surely puts it up there as the island with most names — not counting say Inisvickillane, Co Kerry which has about 33 variations to that spelling.The Islands of Ireland: In search of tranquility

More and more communities and volunteers are taking on environmental tasks around the country. In Clonmel, Co Tipperary, for example, people have united to get rid of Himalayan balsam, an invasive plant, from the banks of the River Suir.‘Bashing’ invasive plants

More From The Irish Examiner