Swiss Market Ends Modestly Higher

RTTNews | Před 660 dny
Swiss Market Ends Modestly Higher

(RTTNews) - The Switzerland stock market ended modestly higher on Tuesday on bargain hunting and optimism about U.S. technology firm Nvidia's earnings.

Investors awaited the upcoming Jackson Hole Symposium in Wyoming where global central bankers are scheduled to meet this week.

The benchmark SMI, which climbed to 10,942.69, ended with a gain of 27.34 points or 0.25% at 10,875.68.

UBS Group rallied 2.14%. Logitech climbed 1.71% and Alcon gained 1.12%. Holcim, ABB and Novartis ended higher by 0.7 to 1%.

Swisscom, Kuehne & Nagel, Swiss Re, Roche Holding and Zurich Insurance Group ended lower by 0.5 to 0.75%.

In the Mid Price Index, Adecco ended stronger by about 3.6%. AMS, VAT Group and Tecan Group gained 2.37%, 2.22% and 2.15%, respectively.

Bachem Holding gained 1.65%, while Meyer Burger Tech, Clariant, Georg Fischer, PSP Swiss Property, Straumann Holding and Swiss Prime Site also closed on firm note.

Swatch Group fell 1.89%. DocMorris, Lindt & Spruengli and SGS lost 1 to 1.1%.

On the economic front, data from Federal Customs Administration showed the trade surplus in Switzerland decreased to CHF 2.6 billion in July from a marginally revised CHF 3.2 billion in the previous month.

read more
Bay Street Likely To Open On Negative Note

Bay Street Likely To Open On Negative Note

Canadian shares are likely to open with a negative bias on Thursday as trade concerns, and Middle East tensions may weigh on sentiment. A lack of specifics in the framework agreed to by U.S. and Chinese officials on Tuesday has raised uncertainty about the two nations reaching an agreement anytime soon.
RTTNews | Před 49 minutami
U.S. Producer Prices Inch Up Less Than Expected In May

U.S. Producer Prices Inch Up Less Than Expected In May

After reporting an unexpected decrease by U.S. producer prices in the previous month, the Labor Department released a report Thursday showing producer prices crept slightly higher in the month of May.
RTTNews | Před 1 h 15 min
Boeing Shares Hit After 787-8 Dreamliner With 242 Onboard Crashes In India

Boeing Shares Hit After 787-8 Dreamliner With 242 Onboard Crashes In India

Boeing Co. shares are currently down around 8 percent in the pre-market activity on the NYSE after an Air India aircraft headed to London with 242 people onboard crashed immediately after take-off in the Indian city of Ahmedabad. The plane, a Boeing 787-8 Dreamliner headed to Gatwick Airport in the UK, crashed in a civilian area near the Sardar Vallabhbhai Patel International Airport.
RTTNews | Před 1 h 34 min
FTSE 100 Recovers After Weak Start, Up Marginally

FTSE 100 Recovers After Weak Start, Up Marginally

After opening on a negative note amid trade tensions and data showing a contraction in the nation's GDP growth in April, U.K. stocks recovered some lost ground on Thursday. Still, amid uncertainty about China and the U.S. agreeing on a concrete trade deal anytime soon, and lingering concerns about the European Union finalizing a trade deal before the July 8 deadline, the mood in the market remain
RTTNews | Před 1 h 45 min
GameStop Shares Plunge After Plan To Raise $1.75 Bln

GameStop Shares Plunge After Plan To Raise $1.75 Bln

Shares of GameStop Corp. plunged around 11 percent in the extended trading on Wednesday and are currently trading 13 percent lower in the pre-market activity on the NYSE, after the company announced plan to raise $1.75 billion again in private offering, probably for Bitcoin purchase. GameStop's shares had declined sharply in March after the firm announced a $1.3 billion private offering.
RTTNews | Před 2 h 46 min
CAC 40 Down 0.7% As Tariff Concerns Weigh

CAC 40 Down 0.7% As Tariff Concerns Weigh

French stocks are down in negative territory on Thursday as renewed concerns about tariffs and Middle East tensions weigh on sentiment.
RTTNews | Před 2 h 54 min