Share report: Elan leads Dublin higher

European shares rose, rebounding from the biggest weekly drop in five months.

22nd April, 2013
Developments in the US property market have affected shares.

European shares rose, rebounding from the biggest weekly drop in five months, as Italy elected a president and the G20 refrained from opposing the Bank of Japan's stimulus policies.

In Dublin, the Iseq index was up 0.5 per cent, driven by Elan, up 4.1 per cent, after its board rejected a bid from Royalty Pharma.

In London, the FTSE fell just 0.1 per cent, while in Frankfurt the DAX was up 0.2 per cent.

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