Markets

Evening markets wrap: stocks up as CRH bids farewell to Irish exchange

Building materials giant was up 1.5% ahead of move to the US, while Smurfit Kappa had another turbulent day amid a US merger

  • September 20, 2023
CRH chief executive Albert Manifold: company will move its listing to New York from Monday. Picture: Maura Hickey

Stocks rose on Wednesday as investor sentiment ticked up amid positive data on British inflation, while traders awaited an announcement from the US Federal Reserve about interest rates.

Ireland’s stock exchange traded broadly in line with its European peers, rising 0.8 per cent in the day’s trading on the last day before CRH, the building materials giant, de-lists as part of a move to the US.

CRH was up 1.53 per cent as shareholders wait ...