Share report: European markets up strongly

European shares rallied the most in three months as speculation grew that the European Central Bank will cut interest rates.

23rd April, 2013
In Dublin, the Iseq index rose 1.9 per cent.

European shares rallied the most in three months as speculation grew that the European Central Bank will cut interest rates.

In Dublin, the Iseq index rose 1.9 per cent, with CRH leading the charge, having risen 5.7 per cent by 3.15pm.

Elsewhere, ARM, the designer of chips for Apple’s iPhone, soared the most in more than two years on better-than-forecast sales.

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