5.15pm Markets Update

Updated / Monday, 18 Feb 2019 17:18

Stock markets - the latest movements

Europe's major stock markets ended a lacklustre session mostly steady today, consolidating last week's bumper gains as investors saw reason for optimism over trade talks.

New York markets were shut for Presidents' Day, and thin European trading volumes reflected the absence of US investors.

In London, the FTSE closed 0.2% (17 points) lower at 7,219. The DAX in Frankfurt was 1 point off Friday's close at 11,299. The CAC in Paris gained 15 points (0.3%) to close at 5,169.

In Dublin, the ISEQ finished the day with a gain of 8 points (0.1%) at 5,977. Insurer FBD Holdings was up 20 cent (2.4%) at €8.70 per share. Mainstay Medical shares gained 12 cent (2.8%) to close at €4.42. Bank of Ireland ended the day 2.2% (12 cent) lower at €5.35 while Glanbia shed 22 cent (1.3%) to €16.36.

Earlier in Asian trade, Tokyo's Nikkei index gained 381 points (1.8%) to close at 21,282 while the Hang Seng index in Hong Kong rose 446 points (1.6%) to finish at 28,347 as investor sentiment picked up on hopes for progress in US-China trade talks.