Flat Friday in Dublin market as Flutter joins Euro Stoxx 50

Irish Times | Nov 27, 2020 at 7:12 PM
  • Global markets were largely unmoved on Friday, but there were some signs of optimism on the back of news that US president Donald Trump will leave the White House if the electoral college affirms democrat Joe Biden’s win.
  • The pan-European Stoxx 600 ended 0.4 per cent higher and added 0.93 per cent for the week, with tech and banks leading gains, while energy stocks were the top gainers for the week on rising oil prices.
  • Hopes of more stimulus, signs of progress in developing Covid-19 vaccines and encouraging economic data have lifted the three main US stock indexes by more than 10 per cent this month and set the S&P 500 on course for its best November ever.