Markets
Markets Update: Ryanair shares take flight after profit surge
Molten Ventures, however, is the biggest gainer of the day so far, with shares up a hearty 12% in morning trade
Shares at Ryanair are trading up 7.63 per cent on the Irish stock exchange, now valued at €16.21 a piece, after the airline declared a €400 million dividend for shareholders on Monday morning.
In a trading update, Ryanair reported a 59 per cent increase in profits to €2.18 billion in the six months to September, on the back of record summer traffic.
The airline recorded a 30 per cent hike in revenues to €6.62 billion, ...