Irish index of shares tracks continental peers but AIB, Kingspan and Permanent TSB edge higher
The Nasdaq and the S&P 500 fell on Friday as a rally in chip stocks lost momentum. Photograph: Angela Weiss/Getty Images
Among individual stocks, DS Smith climbed 5.2 per cent, to lead gains on the benchmark, after Mondi reached an agreement in principle for an all-share offer to buy the company for £5.14 billion. Mondi’s shares slipped 2.3 per cent. France’s benchmark CAC 40 hit a record high on Friday, while Germany’s DAX touched an all-time high in the previous session.
AI darling Nvidia fell 1.5 per cent, leading losses among megacap growth and technology peers after hitting a fresh record high. Broadcom slid 5.6 per cent after the tech company’s full-year forecast failed to impress investors.
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