Industry & Business

Brexit Hits Irish Stock Market

 Breaking News
  • Fine Grain invests €35m in Limerick office scheme for 400 staff Fine Grain Property, an Irish-Singaporean commercial property vehicle, is investing €35 million in a new office development for 400 staff at a Limerick business park used by IDA Ireland to attract technology multinationals. The new four-storey development at the IDA National Technology Park in Plassey, 6km from Limerick city centre, will take 12 months to construct, Fine Grain [...]...
  • International Appetite Fed at First Birmingham Brexit Event With so many questions addressed at the first in a series of dedicated Brexit Seminars held in Birmingham, interest amongst its international delegation remains high, with the second Brexit Seminar planned for Wednesday 27th June 2018.   Sectors and countries represented at February’s event encompassed food businesses and non-food importers, Embassies, logistics providers and consultants from the [...]...
  • TSM’s Shane O’Callaghan: ‘The key to IIoT is to keep it beautifully simple’ The rise of industry 4.0 and the industrial internet of things presents lots of unexpected business opportunities, says TSM Control Systems’ Shane O’Callaghan. Shane O’Callaghan is business unit leader of Insight at TSM Control Systems. He joined the company in 2008 as a business analyst and then became sales manager for Europe. TSM Control Systems was founded in [...]...
  • Fine Grain Property acquires 60,000 square feet office development in Cork Airport Business Park New Year, new acquisition! Fine Grain Property is delighted to announce it has acquired a 60,000 square feet office development in Cork Airport Business Park. Plans are already afoot to carry out some important improvements to the Building that will benefit its existing tenants, including Aviva, Aon Hewitt, JLT and Genesis. In addition, a significant [...]...
  • Irish Technology Sector Has Overtaken Agriculture With 130,000 people now employed, the technology sector has overtaken agriculture as Ireland’s largest industry, according to Ken Finnegan (pictured above), formerly Chief Technology and Research Advisor for IDA Technology Ireland and now Director of Technology & Innovation for the about to be opened Harbour Innovation Campus at Dún Laoghaire. About 15,000 of these tech [...]...

Brexit Hits Irish Stock Market

June 27
10:37 2016

Ryan-Air-record-profitMany of Ireland’s largest companies are seeing downgraded stock ratings as recent analysts are predicting lower earnings as a result of the Brexit.

Early this morning, shares for Ryanair fell by 5% after a 9.8% sell off last Friday. Easyjet even issued a profit warning.  Evercore ISI analysts in London even downgraded their Irish stock.

Bank of America cut shares in Kingspan which contributed to a 3.7 fall in stock on top of the 21% drop on Friday.

Dublin analysts at Investec reviewed the Bank of Ireland and predict that the slower UK loan growth might benefit Irish economic growth.

About Author



Related Articles

New Subscriber

Subscribe Here


National Manufacturing Conference & Exhibition 2018

NIBRT Springboard Success Stories

Upcoming Events

  • No upcoming events
AEC v1.0.4