Shares tread water ahead of Fed decision via IrishTimesBiz
But volatility was still in evidence on Wednesday. Shares in Bank of Ireland, down to €9.70 in the morning, went as high as €10.16 per share at one point, finishing the day at €9.85 per share, representing a 0.3 per cent drop. Shares in AIB, meanwhile, were down 1.7 per cent to €3.90 while Permanent TSB lost 1.6 per cent to close at around €2.50.
Moving up the table, Kenmare Resources added 8 per cent, albeit on low volumes in Dublin, after publishing annual results showing and 18 per cent jump in its mineral product revenues for 2022.The blue-chip FTSE 100 index, down 8 per cent over the past 21 days, eked out a modest 0.4 per cent gain, in line with most of its European peers. The mid-cap FTSE 250, meanwhile, fell slightly, weighed down by real estate and consumer-facing stocks.
Retail tech company Ocado was the biggest gainer on the day, adding around 2 per cent. Consumer goods giant Unilever added close to 1.8 per cent. In line with global trends, European banks and financials generally were weaker on the session. BNP Paribas, Intesa Sanpaolo and ING gave back between 0.2 per cent and 0.4 per cent. French insurer Axa had shed around 0.8 per cent by closing bell while its German peer Allianz was flat on the session.
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