Iseq index up 2.9% amid big moves for AIB and Kingspan
Defence stocks had a strong session as Germany announced plans for major investment in that sector. Photograph: Spencer Platt/Getty Images
The lender also unveiled plans to buy back a further €1.2 billion of shares from the Government, well above the €760 million that analysts expected.Children will receive over €500 on average for their Communion. Where should you put it? European stocks have been among the best performers in the world this year, as investors bet on stimulus and a potential ceasefire in Ukraine.British stocks stabilised on Wednesday afternoon following a sell-off in the previous session, leaving the benchmark FTSE 100 index down just 0.1 per cent while the mid-cap FTSE 250 advanced by 0.9 per cent.
Defence stocks, meanwhile, surged amid reports that the UK could join a European intergovernmental fund to to increase the continent’s “rearmament”, as EU Commission President Ursula von der Leyen said over the weekend.At the close in Europe, Wall Street’s main indices were all trending higher with the Nasdaq Composite, the S&P 500 and the Dow Jones Industrial Average all in green territory.
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