European stocks edge higher; Ryanair reports rise in profits

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

European stocks edge higher; Ryanair reports rise in profits

🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Investing.com - European stock markets rose Monday, starting the new week on a positive note amid growing hopes of monetary policy easing globally in the near future.The main European indices have started with small gains Monday, trading near record levels, at the start of a week that includes the release of the latest regional economic activity data.

In the corporate sector, the earnings season is gradually drawing to an end, but there are a few late reporters, including Ryanair (IR: That said, Ryanair said it was only "cautiously optimistic" that fares in the peak of the summer would be "flat to modestly ahead" of last year, and it decided against giving profit forecasts for the current year, saying that was "heavily dependent" upon avoiding adverse events such as the wars in Ukraine and the Middle East, extensive air traffic control disruptions or further Boeing delivery delays.

 

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

 /  🏆 450. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines