CRH shares rise on last day on Irish stock market as Wall Street beckons

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 98%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Building materials giant’s shift comes as blow to Irish market

The hope is that the group would also trade at a premium relative to profits by being listed in the US, where companies are traditionally valued on higher earnings multiples compared to Europe.

Davy analysts Ross Harvey and Andrea Collins said in a note to clients on Wednesday that the move of the primary listing to New York “is a significant event for the share”.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CRH bids farewell to Irish marketEuronext lobbying for cut in stamp duty will not stem tide to markets with higher valuations and greater liquidity
Source: IrishTimesBiz - 🏆 6. / 77 Read more »