Global stocks rose on Tuesday after China unveiled a large stimulus package to pull its economy out of a rut.
Dublin
Euronext Dublin finished the day up 0.5 per cent, which was largely in line with international peers.
Agri-services group Origin Enterprises complained of “particularly challenging” trading conditions during the year as it said its revenue for the 12 months fell by 16.7 per cent to €2 billion, while its operating profit of €83.5 million was down 8 per cent.
However, investors shrugged off the figures and the company was up 2 per cent at close of business on what a trader described as “reasonable” volumes.
Among some of the bigger names on the index, food giant Kerry Group was up 0.5 per cent, while Glanbia also rose marginally. Meanwhile, budget airline Ryanair had climbed 0.5 per cent by close of business.
Elsewhere, it was a muted day for the Irish banks as AIB and Bank of Ireland both climbed about 0.3 per…
