European markets dipped on Wednesday on trade war fears and renewed uncertainty over the UK’s planned departure from the European Union. Traders said chief executive Stephen Glancey’s prediction that earnings growth would stay in double figures lured investors to the stock. The low-cost carrier shed 2.83 per cent to close at €10.135 after hitting a low of €10.03. Most European airline stocks hit turbulence as a result with investors selling shares in Ryanair rivals such as EasyJet. House builder Persimmon shed 5.53 per cent to 1,991.5p while rival Taylor Wimpey closed 4.46 per cent off at 168p.

Source: The Irish Times May 22, 2019 18:56 UTC