Miners add momentum to European shares despite tech woes

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Miners add momentum to European shares despite tech woes
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Iseq index declines 0.5% on low trading volumes

rose 3.9 per cent after the online trading platform raised its dividend and said it would buy back shares after it recorded total revenue of £1 billion for the first time in its history.advanced 2.7 per cent after the home furnishings retailer said it expected full-year profit to be “slightly” higher than market expectations.jumped 7.5 per cent after the engineering company reinstated dividend for the financial year 2024.

While the Dow Jones Industrial Average was on track for a 0.6 per cent gain by closing bell in Dublin, the S&P 500 had shed as much as 0.4 per cent. The tech-heavy Nasdaq 100, meanwhile, fell more than 1.2 per cent, with Netflix set for its biggest intraday decline since December after missing sales estimates and issuing a disappointing revenue forecast. Shares in the streaming plunged as much as 9 per cent despite a better-than-expected increase in subscription numbers, marking its best second quarter since the depths of the pandemic three years ago.

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