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Thursday's biggest story was Facebook's plunge caused by disappointing results and ultimately led to a stock market slump in the United States that day.
The contagion, however, was contained after an announcement between the US and the EU that they would negotiate on the trade. This announcement also supported European equities, which reached their highest level in six weeks.
The overall Iseq index for Dublin, meanwhile, rose 0.58% on Thursday, thanks to solid financial performance as investors await AIB's provisional results on Friday.
Dublin
Although slightly up on the day Ryanair underperformed its counterparts in the airlines by closing 0.35% to 14.14 euros. The stock seems to have a hard time getting rid of the negative sentiment, but rose after lunch today. Ryanair has announced that it is canceling 20 of its 300 scheduled flights on Friday, August 3 as a result of an ongoing strike.
The two Irish mainland banks advanced on Thursday with a significant volume recorded in AIB. Bank of Ireland increases by 1.91% to 7.155 € while AIB with more than six million shares traded, increases by 1.58% to 4.90 €.
Irish Ferries owner Irish Continental Group advanced the most on the Iseq 20, closing 2.53 percent at 5.27 €, while the explorer Providence Resources was the highest on the broader index, up 4.17% to $ 0.125.
The group of hotels Dalata and the beverage manufacturer C & C were the main artisans of the day, even though both had little to say about it. trade.
Finally, the giant building materials CRH rose 1.51% to 30.24 €, helped by the positive reports of his American counterparts.
London
The British Ftse 100 index slightly progresses the day. a wider rally among European equities.
The shares of Royal Dutch Shell fell by 3.05% after the oil giant announced earnings well below expectations in the second quarter.
British American Tobacco shares jumped 5.13 percent and had their best day since 2009 after the first half results of the tobacco industry exceeded expectations with sales leaping 57 percent
[AstraZeneca] rose 4.19% after reporting that new drugs had increased sharply in the second quarter, supporting hopes for a brighter future.
The biggest decline of the day was SSE down 5.86%.
Europe
The pan-European Stoxx 600 index closed up 0.9%, supported at the end of the session by a drop in the euro after ECB President Mario Draghi reaffirmed its commitment to keep rates low until next summer.
The heavily exported German DAX, which was put under pressure due to uncertainty over global trade relations, rose 1.8 percent, its largest gain since the beginning of the year. April.
European automobiles were the biggest sectoral winners, up 2.6%. The sector has been particularly hard hit, with tariff threats forcing automakers on both sides of the Atlantic to reduce their forecasts. Daimler increased 2.8%, overcoming the initial weakness following the second quarter results, showing that its earnings were affected by low prices and prices.
Airbus rose 4.5% to a new record after doubling the base profit of the aerospace group in the second quarter.
New York
The fall of Facebook triggered a surge in high-growth stocks that drove down the Nasdaq on Thursday, but the contagion was contained by optimism after the negotiations between the US and the US. United States and the European Union.
Shares of Facebook plunged more than 18%, marking the biggest decline of a day, after the social media giant announced that profit margins would drop for years . use in its major advertising markets.
Other high altitude stocks were also lower. Netflix Alphabet Amazon and Twitter all fell with the technology sector as a whole declining.
But the other 10 major S & P sectors were higher, with industrials firmly holding the Dow Jones Industrial Average in positive territory.
Meanwhile, McDonald's plunged after the fast food chain missed US same-store sales estimates for the first time in at least two years.
– Additional Features: Reuters
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