Swiss Market Ends Marginally Up After Choppy Session
(RTTNews) - After a positive start Wednesday morning, the Switzerland market turned subdued and then fell into the red around mid afternoon, but recovered gradually to finally end the day's session marginally higher.
Investors assessed the data on U.S. consumer price inflation for clues about the Federal Reserve's interest-rate moves.
The benchmark SMI closed up 19.74 points or 0.16% at 12,713.90, off the day's low of 12,617.10.
SGS gained 1.52%. The company announcing it has purchased Italian independent customs operations and consulting company Stella Operazioni Doganali. SGS expects the acquisition to strengthen its trade facilitation services in Italy and the European customs network.
Schindler Ps and Roche Holdings gained 1.5% and 1.21%, respectively. Richemont, SIG Group, Nestle and Swatch Group closed higher by 0.6 to 0.9%.
Lindt & Spruengli, Givaudan, Julius Baer and Sandoz ended modestly higher.
Alcon closed down 1.56%, VAT Group ended 1.2% down, and Sonova declined 1.01%. UBS Group and Kuehne + Nagel also ended notably lower.
Japanese Market Significantly Higher
Little Movement Seen For Indonesia Stock Market
Win Streak May End For Hong Kong Stock Market
China Stock Market May Spin Its Wheels On Thursday
Australian Market Modestly Lower
Taiwan Stock Market May Run Out Of Steam On Thursday
Japan Producer Prices Slip 0.2% In August
