business

Evening Markets Wrap: Iseq dips as shares in Smurfit and Kingspan fall

Good day for Ryanair as shares in airline jump 5% ahead of AGM on Thursday

  • September 12, 2023
Smurfit: the Irish paper and packaging giant fell more than 10 per cent after it confirmed a merger with US peer WestRock

Shares in Smurfit Kappa and Kingspan, two of Ireland’s blue-chips, dropped sharply on Tuesday as the Iseq index fell by 1.27 per cent.

The all-share index – which features the shares of all companies traded on the Irish stock exchange – dipped to a low of 8,553 as of 4.30pm.

That came after a difficult day for Smurfit, in particular, as shares in the Irish paper and packaging giant fell more than 10 per cent ...