Fears of a second wave of Covid-19 infections rocked world markets on Monday, knocking down oil prices and a gauge of global equity performance more than 2 per cent at one point, as investors grappled with how to assess the economic recovery. DUBLINThe Iseq all-share index closed 0.4 per cent higher on Monday, a stronger performance than many of its European peers. Cairn Homes fell 2.11 per cent to €6.95 and was one of the few losers on the day. H&M reported a sharp but slightly smaller-than-expected drop in second-quarter sales as measures to slow the Covid-19 pandemic slammed the fasion retail sector. Norwegian Cruise Line Holdings and Wynn Resorts fell 5.4 per cent and 1.9 per cent.

Source: The Irish Times June 15, 2020 16:18 UTC