Iseq heavyweights drag as European markets cheer easing coronavirus fears

Irish Times | Feb 17, 2020 at 6:48 PM
  • The Iseq in Dublin stood out as a weak spot across generally buoyant European equity markets on Monday, with heavyweight stocks CRH, Ryanair and AIB dragging on the index.
  • The Irish benchmark index declined by 0.2 per cent to 7,157.21 as a result, while the pan-European Stoxx index added 0.3 per cent as fresh attempts by China to limit the economic impact of the coronavirus outbreak lifted investor spirits.
  • Ryanair lost 1.2 per cent to €15.41, CRH declined by almost 1 per cent to €35.42 and AIB moved 0.3 per cent lower to €2.39 to weigh on the Iseq amid a lack of news flow concerning the individual stocks.