Shares rose on Friday afternoon as US figures showing jobs growth slowing and companies’ labour costs easing boosted hopes of an early interest rate cut in the world’s biggest economy.Insulation specialist Kingspan gained 4.45 per cent to close at €86.85 on Friday on news that rival Rockwool was predicting better than previously expected sales and profits after a strong start to the year.
Rail ticket seller Trainline advanced 6.6 per cent to 320.8 pence sterling after it more than doubled its profit over the past year, partly due to fewer rail strikes. Shares in restaurant chain TGI Fridays operator Hostmore fell 3.6 per cent to 19.48 pence after the hospitality company reported lower revenues over 2023, compared with 2022.
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Source: IrishTimes - 🏆 3. / 98 Read more »
Source: IrishTimes - 🏆 3. / 98 Read more »