Share report: rebound on US fiscal hopes
European shares continued their rebound after last week's sharp sell-off as investors were encouraged by signs of progress in talks to resolve the fiscal crunch in the US.
Shares climbed the most in more than two months as US President Barack Obama expressed confidence that he will strike a deal with Congress on a new budget to avoid the so-called fiscal cliff.
In Dublin, the ISEQ index was up 1.3 per cent with Smurfit Kappa, FBD Holdings, Total Produce and Grafton Group all rising more than 4 per cent.
In London, the FTSE index was up 2.4 per cent, while in Paris the CAC was...
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