Shares in Irish nutrition group Glanbia were in demand, although still traded light volumes, as the equity was up 0.26 per cent at €15.49.
The banks were all down slightly by Wednesday afternoon, with Bank of Ireland losing 0.88 per cent to €9.186, AIB down 0.19 per cent at €4.22, and Permanent TSB falling by 0.93 per cent to €2.13.London stocks extended gains on Wednesday, as the benchmark FTSE 100 finished up 0.12 per cent after hitting an over two-week high, and the FTSE 250 index climbed 0.52 per cent.
Airline stocks were down on Wednesday in the wake of the UK’s air traffic control failure on Monday, with IAG down 1.04 per cent and Wizz Air falling by 0.31 per cent. Willie Walsh, head of global airlines group IATA, told the BBC that the total cost of the failure to airlines is likely to reach about £100 million .Stocks in Europe were easing off a two-week high yesterday, as weakness in the utilities sector was countered by gains in insurance and basic resources.
A report on US private sector employment showed the economy generated fewer jobs than expected in August, marking the latest indication that the labour market is losing steam.
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