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Global stocks extend comeback rally as Iseq outperforms peers

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Among the main movers, building materials group CRH was up 2 per cent ahead of its US listing in September

CRH boss third best paid CEO on FTSE 100, Central Bank’s data breach, and low interest rates on State savings

Bank of Ireland dropped 1 per cent following political pressure on them from Minister for Finance Michael McGrath on Monday to raise deposit rates for savers. AIB seemed insulated however, as it climbed 30 basis points while Permanent TSB was unchanged. In company news, Wood Group finished higher after the oil and gas engineering firm upgraded its revenue and profit guidance for the year due to a boost from new contracts.

However, it was a mixed session as the key indexes made cautious progress before coming under pressure from continued worries about high bond yields.

 

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