Ireland's ISEQ index has risen almost 2 per cent today, tracking gains across Europe as a key indicator of German business sentiment hit a ten-month high.
The gains held even after the European Commission issued new forecasts that predicted a 0.3 per cent contraction in the euro zone economy this year.
The ISEQ was up 1.9 per cent at 3.15pm; the FTSE rose 0.5 per cent; the CAC gained 1.6 per cent and the DAX rose 0.6 per cent.
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