| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

Follow Finfacts on Twitter

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax - Income/Corporate

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : International Last Updated: Jan 7, 2014 - 4:02 PM


Markets: CRH spends €690m on investments in 2013; Aer Lingus reports rise in long haul traffic
By Finfacts Team
Jan 7, 2014 - 3:41 PM

Email this article
 Printer friendly page
Enda Kenny, taoiseach, meeting H.E. Abdullah Bin Nasser bin Khalifa al Thani, Qatari prime minister, Tuesday Jan 07, 2014.

Aer Lingus today reported traffic for December with passenger numbers down 0.5%,traffic up 3.1% and capacity down 1.2% for a 3pt increase in load factor to 73.9%.

On short haul, passengers fell by 2% to 563m as capacity was reduced by 5.1% and load factor increased 1.7pts to 68.3%. Long haul returned to growth mode with passenger numbers up by just shy of 12% on a capacity increase of 5% for a 4.3pts increase in load factor to 82%.

CRH announced H2 2013 acquisition and investment spend of €0.22bn bringing full-year development activity to c.€0.69bn.

Robert Eason of Goodbody comments: "CRH has announced that it has spent €220m on nine transactions in the second half of the year. This brings total spend for the year to €690m (€470m in H1 and €190m in Q3), representing the highest level of spend since 2008.
In addition to the already announced deals of Mykolaiv Cement in Ukraine and Sree Jayajothi Cements in India, this morning’s announcement has a further seven bolt-ons.

These include: (i) One transaction in China which is a cement business with 3.6m tonnes of clinker capacity. This brings Yatai’s (in which CRH has a 26% stake) total capacity to 32m tonnes; (ii) Three transactions in US materials with incremental sales of €21m; and, (iii) Three deals in distribution with incremental sales of €41m (completed on EV/Sales of 0.3x), one in Northern France and two in the US.

These are typical bolt-on deals for CRH and we note an increased bias in activity towards developing economies (Ukraine, India and China) and businesses with a focus on rmi."

US markets

In New York Tuesday the Dow is up 118 points or 0.72% to 16,542.

The S&P 500 added 0.47% and the Nasdaq advanced 0.54%.

Asia Markets

The MSCI Asia Pacific Index dropped 0.4% on Tuesday.

Japan's Nikkei 225 fell 0.59%; China's Shanghai Composite rose 0.08%; South Korea's KOSPI added 32%; Australia's S&P/ASX 200 slipped 0.15% and in Mumbai, the Bombay Stock Exchange the S&P BSE India Sensex Index dipped 0.47%.

Europe Markets

In Europe, the Dow Jones Stoxx Europe 600 is up 0.61% in mid-afternoon trade Tuesday.

In Dublin, the ISEQ  has risen 1.22%

Ryanair has gained 2.59%; CRH is up 0.58%.

European Benchmarks

Irish Share Prices

Euribor Rates

AIB Daily Report

Bank of Ireland Daily Report

Currencies

The euro is trading at $1.3598 and at £0.8305.

For live currency updates, check the right-hand column of the Finfacts home page.

The US dollar fell to $1.6038 per euro on Tuesday, July 15, 2008 - an-all time record.

Commodities

The Baltic Dry Index, a measure of shipping costs for dry commodities, hit an all-time high of 11,771 on May 21, 2008. From that time it reversed and on the 5th of December, 2008 it hit a low of 663 - - close to a 1986 low.

On Thursday, July 15, 2010, the index fell for the 35th straight session, by 9 points, or 3.11%, to 1,619 points, Bloomberg report.

On Monday the BDI fell 85 points or 4.17% to 1,951. The index rose by 220% in 2013 to 2,237.

Global rebalancing — the tanker scrapyard index?

Crude oil for February 2014 delivery is trading on the Chicago York Mercantile Exchange (CME/Nymex) at $93.61 up 18 cents from Monday's close. In London, Brent for February 2014 delivery is trading on the International Commodities Exchange at $107.15. The North Sea benchmark accounts for two-thirds of the global market.

Finfacts, July, 15, 2013: US West Texas Intermediate oil benchmark jumps in July - - margin between WTI and Brent falls.

Gold spot price

The spot price of an oz of gold is trading on the CME in Chicago at $1,227.20 down $10.10 from Monday's closing - - the gold price fell 28% in 2013, the biggest annual plunge since 1981.

Gold had hit a record high of $1,921.15 a troy ounce on Sept 06, 2011.

Check out our subscription service, Finfacts Premium , at a low annual charge of €25

Related Articles
Related Articles


© Copyright 2011 by Finfacts.com

Top of Page

International
Latest Headlines
Wednesday newspaper review: December 17, 2014
Tuesday newspaper review: December 16, 2014
Monday Newspaper Review - Irish Business News and International Stories - - December 08, 2014
Friday Newspaper Review - Irish Business News and International Stories - - November 28, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - November 27, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - November 25, 2014
Friday Newspaper Review - Irish Business News and International Stories - - November 21, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - November 20, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - November 19, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - November 18, 2014
Monday Newspaper Review - Irish Business News and International Stories - - November 17, 2014
Friday Newspaper Review - Irish Business News and International Stories - - November 14, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - November 13, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - November 12, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - November 11, 2014
Monday Newspaper Review - Irish Business News and International Stories - - November 10, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - November 06, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - November 04, 2014
Monday Newspaper Review - Irish Business News and International Stories - - November 03, 2014
Friday Newspaper Review - Irish Business News and International Stories - - October 31, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - October 30, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - October 29, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - October 28, 2014
Friday Newspaper Review - Irish Business News and International Stories - - October 24, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - October 22, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - October 21, 2014
Monday Newspaper Review - Irish Business News and International Stories - - October 20, 2014
Friday Newspaper Review - Irish Business News and International Stories - - October 17, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - October 16, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - October 15, 2014
Monday Newspaper Review - Irish Business News and International Stories - - October 13, 2014
Friday Newspaper Review - Irish Business News and International Stories - - October 10, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - October 09, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - October 08, 2014
Tuesday Newspaper Review - Irish Business News and International Stories - - October 07, 2014
Monday Newspaper Review - Irish Business News and International Stories - - October 06, 2014
Thursday Newspaper Review - Irish Business News and International Stories - - October 02, 2014
Wednesday Newspaper Review - Irish Business News and International Stories - - October 01, 2014
Monday Newspaper Review - Irish Business News and International Stories - - September 29, 2014
Friday Newspaper Review - Irish Business News and International Stories - - September 26, 2014