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Swiss Market Ends On Weak Note
(RTTNews) - Save for a brief while around mid morning, the Switzerland market languished in negative territory during the day's trading session on Monday as investors remained reluctant to make significant moves amid a lack of positive news from the trade front.
The benchmark SMI closed down 46.02 points or 0.38% at 11,936.89. The index touched a high of 11,993.08 and a low of 11,905.44 in the session.
Sonova, Amrize, Adecco, Lonza Group, Richemont and Roche Holding lost 1.1 to 1.6%. Nestle ended nearly 1% down.
Novartis, SGS, Geberit, Kuehne + Nagel, Lindt & Spruengli, Alcon and Straumann Holding ended lower by 0.25 to 0.8%.
Swiss Re climbed 1.7%. Julius Baer and Schindler Ps both gained nearly 1.5%. Schindler gained thanks to a rating upgrade by Kepler.
UBS Group, ABB, Partners Group, Sandoz Group and Swiss Life Holding posted modest gains.
European Shares Subdued With Trade Talks In Focus
Asian Shares Mostly Lower As US Tariff Deadline Nears
Commodity Currencies Slide As Traders Remain Cautious
Yen Falls Against Majors
Canadian Dollar Slides Against Most Majors
NZ Dollar Slides Against Most Majors
Australian Dollar Falls Against Majors
