Global shares shrug off mixed messages from US policymakers to edge higher

Global shares edged up on Tuesday, partially shrugging off mixed messages from US policymakers and a wobble in the Chinese yuan that unsettled investors in advance of Friday’s US inflation data.Euronext Dublin finished the day up 80 basis points as most stocks on the index climbed 1-2 per cent.

The Irish gambling giant said on Tuesday that once-off, non-cash costs left it with a $1.2 billion loss last year. “Generally the results were quite well received, but it closed at lower levels,” a trader noted. Elsewhere, Revolution Bars plummeted after the hospitality chain said it is talking to investors about raising new cash and could put itself up for sale.

Asos moved markedly higher after the online fashion business cheered progress on its overhaul efforts, including significant cuts to inventory levels. As a result, shares rose by 32.5p to 378.7p.European stocks rose to a fresh record and were set for a second quarter of gains as investors bet on potential rate cuts.

Ireland Latest News, Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks jump ahead of a raft of central bank meetingsEuronext Dublin up marginally at close of business on what was a muted day for investors following St Patrick’s Day holiday
Source: IrishTimes - 🏆 3. / 98 Read more »

‘I am shocked’: Leo Varadkar’s resignation sparks mixed reaction in Dublin West constituencyIn affluent Castleknock, there was shock; in socially disadvantaged Corduff, there was indifference
Source: IrishTimes - 🏆 3. / 98 Read more »

'It looks like it will be a No, No result'Irish Times political correspondent Jennifer Bray reports from the Central Count Centre in Dublin Castle.
Source: IrishTimes - 🏆 3. / 98 Read more »

Dublin fintech Quantmatix dreams big for its ‘stock market GPS’The business was started by Liam Boggan and Paul Chew in 2021
Source: businessposthq - 🏆 8. / 71 Read more »

Redbrick villa-style charm with all mod-cons in Dublin 8This period redbrick off the South Circular Road is tastefully decorated and has an east-facing rear garden.
Source: businessposthq - 🏆 8. / 71 Read more »

Thom Yorke and Jonny Greenwood woo Dublin crowd as The SmileThe Smile is the best of the Radiohead side projects, as they demonstrated with stunning Dublin show
Source: IrishMirror - 🏆 4. / 98 Read more »