Shares continued their rally on Monday as investors looked to the US Jackson Hole economic symposium for clues on interest rate moves and policy.endured another tough day, sliding 3.88 per cent to €15.62. The Kilkenny-based business last week reported that profits for the six months to the end of June fell to $143 million from $193 million during the same period in 2023.
The London-listed firm saw first-half profit rise to $148.8 million, slightly up from $146.5 million in the first half of 2023. Shares finished 4.11 per cent higher at 2,532p.slipped sharply during the day, touching a low of 489.2p before recovering ground to close 0.2 per cent down at 500p.European stocks gained Monday, extending last week’s rally. The Stoxx Europe 600 Index was up 0.
Europe’s benchmark index is recovering after getting caught up in a global sell-off earlier this month. An improvement in technical indicators also suggests investors are back in risk-on mode.US stocks rose as central bankers gathered in Jackson Hole Wyoming for their yearly economic symposium. Federal Reserve chairman Jerome Powell is due to speak on Friday, when many investors believe he will signal a likely interest rate cut next month.