Irish market bucks trend as European indices slide

Traders on the New York Stock Exchange. Wall Street’s main indexes rose on Thursday, with the Nasdaq and the S&P reversing early losses while the Dow and small-cap stocks outperformed. Photograph: Spencer Platt/Getty ImagesThe Irish stock market outperformed it peers on Thursday, closing up 30 basis points, thanks in part to a good performance by Ryanair. Travel stocks enjoyed a good day across the board with EasyJet and Air France also rising.

Centrica slipped to the bottom of the FTSE 100 with a 9.9 per cent decline after the energy company reported a fall in first-half adjusted operating profit.European shares closed lower on Thursday as a slate of downbeat earnings reports in several sectors including tech and luxury weighed, while a global run for safe haven assets further exacerbated losses.

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European stocks rebound but Ryanair leads airline sell-offThe pan-European Stoxx 600 index closed 0.9 per cent higher, coming off a five-day losing run
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