Global markets climb despite rise in US inflation via IrishTimesBiz
Listen |Among the financial names, Permanent TSB finished the day up almost 8 per cent, while Bank of Ireland moved 2 per cent higher, and AIB was flat on the day.
Helped by telecoms companies, London’s top index pushed to as high as 7,996.35, sparking hopes that it might hit the big round number. But despite missing out on the milestone, the score was still an all-time record as the FTSE has soared since the start of this year. Despite its good performance earlier in the day, the FTSE faltered towards the close. By the end of the day, it had pared back its gains to just 7,953.85, a rise of 6.25 points of 0.1 per cent.
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