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DUBLIN ISEQ 7654.02 Up 0.9% on week Ireland's ISEQ index increased 43.29, or 0.6%, to 7654.02 as Ryanair advanced. Ryanair added 12c, or 1.6%, to 7.72 in Dublin. The carrier flew 24% more passengers in January than a year earlier as it added routes and "ights. The ISEQ rebounded after a US government report showed the jobless rate in the world's biggest economy fell last month to the lowest in 4 1/2 years, renewing concern that the Federal Reserve will keep raising interest rates.
LONDON FTSE 100 5759.3 Down 0.5% on week UK stocks increased on Friday, paced by Shire, but remained down for the week.
Britain's third-largest drugmaker reported that it asked European regulators to approve an experimental ulcer treatment. Shire climbed 19p, or 2.1%, to 924.
The shares reached the highest in more than four years. The market for the SPD476 drug for ulcers in the intestines was worth about $1.6bn last year, the company reported. Shell lost 16p, or 0.9 percent, to 1,850.
Morgan Stanley downgraded the stock to "equal weight".
EUROPE Euro Stoxx 50 3433.28 Down 0.4% on week European stocks were little changed on Friday, after lacklustre earnings from Volvo and a shortfall in Royal Dutch Shell's plan to buy back shares. Novartis led gains among drugmakers on plans raise its dividend, and airlines including Deutsche Lufthansa increased.
NEW YORK DOW 10,793.62, down 1.1% Nasdaq 2262.58, down 2% S&P 500 1264.03, down 1.6% US stocks slumped last week after a report on wages heightened concern that inflation will force the Federal Reserve to keep boosting interest rates. Amazon. com fell on Friday and was the latest company to disappoint investors last week.
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YOU ARE HERE: 19 March 2007 / tribune.ie / 2006 / 02 / 05
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