Irish shares and the wider European market advanced on Wednesday as investors bet UK parliamentarians would reject a chaotic no-deal Brexit some 24 hours after they voted down prime minister Theresa May’s European Union withdrawal agreement for a second time. The Iseq index added 0.6 per cent to 6,172.48, while the pan-European Stoxx 600 index climbed by the same rate. Aryzta jumped 11.8 per cent after the baked-goods maker unveiled a set of better-than-expected results that pointed towards stabilisation in its business. LONDONThe FTSE 100 ended the session virtually unchanged, with gains in oil majors offset by a drop in tobacco stocks and as investors remained cautious before a second pivotal Brexit vote of the week. Technology shares rose, propped up by Microsoft and Apple.

Source: The Irish Times March 13, 2019 21:11 UTC