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Oil shares remain steady as Gulf conflict appears to cool
Ireland📈 EconomyCenter5 hr. ago

Oil shares remain steady as Gulf conflict appears to cool

On Wednesday, shares in Dublin outperformed London and European markets as the ISEQ index rose 0.74% to 14,245.22, driven by gains in construction and banking sectors. Housebuilder Cairn Homes and bank AIB saw significant increases, while Ferry operator Irish Continental Group and airline Ryanair also posted gains. In contrast, insurance builder Kingspan and agri-services firm Origin declined. In London, the FTSE 100 and FTSE 250 indices fell, with major banks like Lloyds and Barclays declining, though oil firms BP and Shell rose slightly. Across Europe, the Euro Stoxx 50 and Stoxx 600 indices dropped, with automotive companies like Volkswagen and Renault experiencing sharp declines amid challenges in the industry.

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The Irish Times logoThe Irish TimesIndependent🔒Center5 hr. ago
Oil shares remain steady as Gulf conflict appears to cool

On Wednesday, shares in Dublin outperformed London and European markets as the ISEQ index rose 0.74% to 14,245.22, driven by gains in construction and banking sectors. Housebuilder Cairn Homes and bank AIB saw significant increases, while Ferry operator Irish Continental Group and airline Ryanair also posted gains. In contrast, insurance builder Kingspan and agri-services firm Origin declined. In London, the FTSE 100 and FTSE 250 indices fell, with major banks like Lloyds and Barclays declining, though oil firms BP and Shell rose slightly. Across Europe, the Euro Stoxx 50 and Stoxx 600 indices dropped, with automotive companies like Volkswagen and Renault experiencing sharp declines amid challenges in the industry.

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