Irish index of shares advances 1% during Friday session, ending the week at 8,772 via IrishTimesBiz
had a good run, gaining more than 2 per cent to close the day at €17.03 and regaining some of the ground it lost on Thursday. Paddy Power owneralso ended the day in positive territory, adding 2.3 per cent to close at €186.85.Listen |stumbled a little, dipping as low as €4.70 through the day before recovering and ending the day marginally lower at €4.76.
UK’s construction and materials sector led sector-wise gains for the week. On the day, it was up 1.8 per cent.The continent-wide European STOXX 600 index rose 0.5 per cent. The index gained 1.5 per cent in the policy-packed week, its best performance in over two months. Defensive shares such as healthcare gained 0.9 per cent, and utilities climbed 1.3 per cent to a four-week peak.
The S&P 500 utilities and consumer staples stocks rose 1.1 per cent and 0.5 per cent, respectively, while the material sector led declines.
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