European shares ended flat on Tuesday after a choppy session during which hopes that British prime minister Theresa May would win support for her plans for an orderly Brexit gradually faded. European bourses trimmed their morning gains and the pan-European index ended the day down 0.04 per cent while the euro zone’s Stoxx rose a mere 0.1 per cent. However, sentiment shifted as the day wore on after it became clear the deal was likely to be rejected. Ryanair ended the day up despite Boeing 737 Max 8 aircraft being grounded across the globe. Dutch payments firm Adyen dropped 5 per cent after pre-IPO investors sold 2.5 million shares at a 9 per cent discount.
Source: The Irish Times March 12, 2019 18:45 UTC