US stocks move higher despite surge in China’s Covid cases via IrishTimesBiz
Elsewhere, Glanbia finished up 1 per cent at €11.87, while C&C climbed 1.5 per cent. Paddy Power Betfair parent Flutter Entertainment, medtech group Uniphar, and budget airline Ryanair finished up 30, 80 and 60 basis points respectively.
Resilience among financial stocks helped the FTSE finish higher, as it helped to offset weakness among miners and tobacco firms during a broadly cautious session. The FTSE 100 finished the day up 0.2 per cent. The FTSE 250 firm stressed that the arrest was unrelated to the business, but shares still closed 5p lower at 159.5p.
Allergy Therapeutics plunged in value after the West Sussex pharmaceutical business revealed its shares will be suspended next week following delays to the audit of its annual results.
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