Iseq outperforms European Union peers with boost from index’s big hitters


Source: irishtimes.com irishtimes.com

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London stocks were down on Wednesday, with real estate values hitting a more than-month low after Jefferies said the capital city’s office market was in 'rental recession'. The Irish Stock Exchange outperformed peers on Wednesday, lifted by a number of index big hitters, while global stocks extended a drop in recent weeks as investors prepared for the prospect that central bankers will hold interest rates higher for longer than previously expected, to try to squeeze inflation out of economies. Dublin In Dublin, the Iseq All Share performed better than European neighbours, rising 0.44 per cent and closing at 8,406.98. It...