5.40pm Markets Update

Updated: Friday 24 October 2014 18.01

Shares in luxury goods group Kering and chemicals company BASF fell after business updates, while new worries about the Ebola virus also weighed on European stock markets.

In Dublin the ISEQ ended the day 29 points (0.6%) lower, putting it on 4,666 at the end of the week.

Shares in Origin were 3.9% higher at €7.95, while shares in First Derivatives rose 3.6% to end on €14.50. 

However the Irish market was dragged down by a 10% fall in C&C Group shares to €3.53, weighed down by the news that Britain’s Spirit Pub Company had rejected its takeover offer. Shares in Fyffes also fell sharply on the news that Chiquita had ended its planned merger with the fruit distributor, closing 5.1% lower at 94c.

In London, meanwhile, the FTSE was 30 points (0.5%) lower at 6,389 by the end of trading. In Paris the CAC was down 29 points (0.7%) to 4,129, while the DAX in Frankfurt was 59 points (0.7%) lower at 8,988.

But in afternoon trading in New York, the Dow Jones was in positive territory, gaining 69 points (0.4%) to trade on 16,747. The Nasdaq, meanwhile, was 11 points (0.2%) higher at 4,464.

Earlier in Asian trade, Tokyo's Nikkei index gained 153 points (1%) to close at 15,292 on the back a weaker yen and after strong gains on Wall Street overnight. But the Hang Seng index in Hong Kong slipped 31 points (0.13%) to finish at 23,302.