Markets
Markets Wrap: Flutter and Ires Reit lead Iseq higher in pivotal periods for both firms
European stocks retreated after ECB officials poured cold water on expectations for rapid rate cuts
The Irish stock exchange was an outlier in posting gains on Monday, as European markets suffered after European Central bank officials dashed hopes of rate cuts anytime soon.
The Iseq finished the day up 74 points at 8,492.40.
Flutter extended its gains from morning trade, trading up 3.03 per cent as the gambling giant prepares to post its last trading update before it delists from Euronext Dublin later this month.
Ires Reit also continued on its upward trajectory. The landlord gained 2.30 per cent on Monday to trade at €1.158 - despite an ongoing battle between its shareholders.
