Global shares climbed higher on Tuesday on the back of fresh hopes in the Ukraine-Russia peace talks.Euronext Dublin finished the day up 3.5 per cent, with the gains driven by many of the index’s larger names as it outperformed international peers.
In Dublin, Ryanair and Aer Lingus parent International Airlines Group were both up 5 per cent. Staying with travel and leisure, Dalata Group – the State’s biggest hotel operator – was up 1.5 per cent. Elsewhere, packaging company Smurfit Kappa finished the day up 5 per cent, while Paddy Power Betfair owner Flutter Entertainment finished the day up 4 per cent.UK shares climbed on Tuesday, while Barclays hit a three-week low following a discounted stake sale.
Meanwhile, base-metal and precious metal miners dropped 2 per cent and 1.1 per cent respectively, tracking weaker metal prices. Polymetal surged 39.5 per cent after the Russian precious metals producer said it was considering various options to boost shareholder value, as the Ukraine crisis batters its shares.European shares rallied as the pan-European Stoxx 600 index climbed 1.6 per cent to its highest in nearly a month, and extended gains to a third straight session, as a sell-off in bonds continued.