Markets

Markets Wrap: ISEQ clawed back from afternoon tumble as Ryanair takes a hit

Hostelworld and Kenmare joined the airline in market fallers as Permanent TSB rallied in afternoon

The ISEQ managed to claw back after a sharp dip on Monday afternoon, but failed to recoup completely. The market dropped to a low of 8,810 at 3pm. It grew to 8,853.70 by close of trade, down 0.75 per cent on when the markets opened on Monday morning.

Ryanair remained the biggest faller of the day, despite the firm’s quarter one profits exceeding expectations. The airline fell back 6.05 per cent since the previous close ...