Glenveagh standout performer on Irish market in volatile day for European stocks

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US employment numbers due on Friday

NEW YORK, NEW YORK - SEPTEMBER 04: Traders work on the floor of the New York Stock Exchange during morning trading on September 04, 2024 in New York City. Stocks opened up mixed a day after beginning the month off with losses with the Dow Jones losing over 600 and Nasdaq closing with a 3.26% loss. All three indexes had their worst days since Aug. 5.

Ryanair rose 3 per cent today to €15.93 as part of a larger sectoral move with its European airline peers. AIB rose 0.5 per cent to €5.36 a share while Bank of Ireland was up 0.9 per cent and closed at €10.13, a good performance relative to the market on Thursday.What to expect in Budget 2025: Income tax changes, cost of living payments and how about inheritance tax?

The domestically-focused mid-cap FTSE 250 index lost 0.2 per cent, after touching a nearly one-month low on Wednesday. It was a volatile session on Thursday as investors digested more data that showed U.S. private payrolls increased less than expected in August but services sector activity was steady.

An Institute for Supply Management survey showed services sector activity, a large part of the US economy, rose to 51.5 in August, above expectations of 51.1.

 

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