Global shares steady ahead of busy week for central banks

Ryanair's 1.5 per cent surge saw it perform better than most rivals in the airline sector and brought its share price close to the €21 threshold triggering a share option payout for Michael O’Leary. Photograph: RollingNews.ie

“Ryanair finished slightly below that magic €21 which is where the share option payout to Michael O’Leary kicks in,” a trader noted. “It did get above that level for a time today, which was the first time we’ve seen that for some time, but it did close lower at €20.88.”My best value for money purchase? A good mattressAmong the financials, Bank of Ireland was the outperformer as it traded above €9.08, up 1.77 per cent on the session.

Insulation maker Kingpan finished up 40 basis points at €83.86, with investors unfazed by European Commission allegations it intentionally or negligently misled competition regulators during their investigation of its now-abandoned bid for Slovenian business, Trimo.The FTSE 100 moved a more modest 0.2 per cent higher with investors in good spirits ahead of an expected drop in the rate of UK inflation and a strong session for consumer goods giant, Unilever.

In other company news, shares in DFS were down 6 per cent after the furniture retailer cut its sales and profits targets for the year, citing weaker demand over the past two months.European stocks ended higher on Tuesday buoyed by strength in financial and energy sectors, while investors turned their focus to upcoming interest rate decisions from global central banks, including the US Federal Reserve.The energy sector was among the top gainers with an 1.

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