A handful of Irish-related shares, including Tullow Oil, Glanbia and Bord Gáis owner Centria, were among the big stock market losers in Europe in the past year. Flutter Entertainment, which owns Paddy Power and Betfair, as well as Ryanair and Kerry Group were, however, among the big winners.
Students can look forward to a healthy jobs market for the foreseeable future according to Ken Murphy of CareerWise Recruitment who says the market for graduates and others with qualifications has rarely been as healthy with many sectors at near full employment.
Kerry Group’s share price shot up by almost 6% on the back of strong first-half earnings and revenue growth, positive full-year guidance, and the company claiming it is well-positioned to ride out any market disruptions borne by Brexit or global trade tensions.
The value of stock market-listed Glanbia dropped by €550m as its shares plunged by almost 16% after the Irish international food giant warned its sales outlook for the rest of the year had in part been ensnared by the global trade wars.
Glanbia, Coolmore Stud, Dawn Meats, as well as other investors are being asked to put up €5m to help extend the runway at Waterford Airport, with the central government and local authorities stumping up a further €7m, to restart commercial flights in the region.