Swiss Market Ends Flat
(RTTNews) - Swiss stocks started off on a positive note on Tuesday, but retreated soon and spent much of the day's session in negative territory before settling flat.
The mood was cautious amid persisting concerns about rising interest rates and economic slowdown.
The benchmark SMI ended at 11,142.65, up less than a point from previous close. The index, which advanced to 11,184.96 in early trades, touched a low of 11,113.00 later on in the session.
Logitech rallied more than 2.5%. Swiss Re, Swiss Life Holding, Kuehne & Nagel, Richemont, ABB and Sika gained 1 to 1.6%.
Lonza Group and Givaudan ended lower by 1.19% and 1.08%, respectively. Roche Holding ended 0.86% down.
In the Mid Price Index, Meyer Burger Tech shed about 4%. Straumann Holding ended 1.37% down, while AMS and Galenica Sante closed lower by 1.14% and 1.05%, respectively.
Schindler Holding gained 3.4%, Schindler Ps surged about 3.3% and DocMorris advanced 2.1%. SGS, Belimo Holding, Dufry, Baloise Holding, Flughafen Zurich and Georg Fischer gained 0.7 to 1.1%.
European Shares Seen Up In Cautious Trade
Sensex, Nifty Marginally Higher In Early Trade
Australian Market Extends Early Losses In Mid-market
Asian Markets Trade Mixed
Sensex, Nifty Set To Open Lower Amid Rising Global Bond Yields
Win Streak May End For Thai Stock Market
Japanese Market Modestly Lower
