Friday May 29, 2020

CRH among the winners and Paddy Power among the losers after Trump victory

Trump victory seen as damaging for trade

9th November, 2016

Dublin's ISEQ index bucked the downward trend this morning and was ahead by 2 per cent this afternoon, driven by a strong performance from CRH which gained more than eight per cent to €32.24. Other European markets also turned positive this afternoon, while the Dow Jones in New York opened higher.

Analysts said CRH, the largest producer of asphalt in the US, should benefit from a substantial increase in infrastructure spending under a Trump administration.


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