thankfully this week my portfolio has mostly been green but I am suspicious, is this just a ramp up before the May sell off? What is special about May that most years stocks in general see a sell off? Thanks folks
along with the continued reduction in non preforming and defaulted loans the most important line is "Liquid asset volumes are higher than anticipated, due to underlying deposit and current account volume growth." That's what the markets will want to hear and something proving difficult for many banks in Europe and the US. Its where BoI will make its profits in the future to pay a dividend. If the UK votes yes the currency losses will be reversed quickly.
The London Stock Exchange (from which this website takes its information ) does not reflect the overall reality of BKIR trading. Closing price in London is .26 for a volume of 39 million shares traded, down 1.87%. Dublin closing price was .268 for a volume traded of 335 million shares, up .03c. . Dublin and London do not usually trade with such a differential. Are the marker makers not talking to each other? The Dublin picture is much more positive and given the huge number of shares traded closer to the actuality.
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