Euronext Dublin up marginally at close of business on what was muted day for investors following St Patrick’s Day celebrationTraders at work in the New York Stock Exchange. Wall Street’s main indexes rose, with a rally in megacap growth stocks such as Alphabet and Tesla supporting a sharp recovery in the tech-laden Nasdaq ahead of the US Federal Reserve’s meeting this week.
Finally, Ires Reit – the biggest landlord in the State, finished the day up 25 basis points. The move followed news last week that US property specialist Starwood Capital has increased its stake in the company to 1.9 per cent. Shares in Currys rose 5.42 per cent after the electronics retailer said that it thinks profit will be higher than previously signalled.
The Stoxx 600 Index was down 0.1 per cent by the close, with telecom and consumer products stocks underperforming. Autos and rate-sensitive sector real estate gained. Haleon fell after Pfizer said it plans to sell about £2 billion of its shares. The communication services sector jumped 3.6 per cent, leading gains among the 11 big S&P 500 sectors.
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