Share report: trading glitch hits US stocks

Most European markets advanced amid speculation central banks will take further steps to support economic recovery but US shares were hit by a technical glitch.

1st August, 2012
Trading was halted on at least five stocks in New York after they tripped so-called “circuit breakers” designed to prevent surges and plunges linked to unusual trading.

European markets were mixed amid speculation central banks will take further steps to support economic recovery.

Dublin’s ISEQ index fell 0.8 per cent, with Aminex, Ormonde Mining, Kenmare Resources, Elan, C&C and Fyffes the main losers. Smurfit Kappa was up 2 per cent after it announced a big rise in pre-tax profits. Abbey rose 9.1 per cent after Gallagher made a cash offer(http://www.businesspost.ie/#!story/Home/News/Gallagher+Holdings+makes+offer+for+Abbey/id/19410615-5218-5018-e395-c70f31651472) for remaining shares in the company....

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