Oil prices rose due to concerns about situation in the Middle East
The pan-European STOXX 600 closed flat for the second straight day and logged its first weekly loss in three, with real estate stocks among the worst-hit sectors for the week.
Shares in AIB were down 1.62 per cent on Friday afternoon, while Bank of Ireland lost 0.63 per cent. Permanent TSB saw its stock gain more than 6.5 per cent, but volumes were lower.Shares in food groups Glanbia and Kerry fared better, with the latter up 0.26 per cent by the close of the session, and Glanbia rising 0.38 per cent.
Shares in Close Brothers Group slumped 25 per cent and Lloyds dropped 7.3 per cent after a London court ruled that motor finance brokers must fully inform customers about commissions when taking out car loans.The pan-European STOXX 600 closed flat for the second straight day and logged its first weekly loss in three, with real estate stocks among the worst-hit sectors for the week.
Electrolux slumped 14.6 per cent to the bottom of the main index after missing third-quarter earnings expectations on continuing US losses and rising competition from China. The Dow Jones Industrial Average fell 0.16 per cent to 42,308.60, the S&P 500 rose 0.49 per cent to 5,838.33 and the Nasdaq Composite rose 1.15 per cent to 18,627.44.
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