Box-maker Smurfit Kappa finished the session at €34.51, down by just over 2 per cent while shares in Ryanair declined to €12.98, down 0.6 per cent on the day, giving up some of Tuesday’s post-trading update gains.
A dire costs warning from Marks and Spencer in its half year results rattled other retailers. Shares in the food and clothing giant fell nearly 3.4 per cent after it warned of a “gathering storm” of higher costs and household budget pressures. Grocery delivery tech company Ocado tumbled five per cent. The broader retail subindex has dropped more than 38 per cent this year.
Shares in German medical device maker Siemens Healthineers gained 3.8 per cent after the company announced plans to overhaul its diagnostics divisions.
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