Swiss Market Ends On Weak Note

RTTNews | Před 553 dny
Swiss Market Ends On Weak Note

(RTTNews) - The Switzerland market ended on a weak note on Thursday despite seeing a couple of brief spells in positive territory during the course of the day's trading session.

The benchmark SMI, which advanced to 11,257.04 around mid morning, ended with a loss of 71.40 points or 0.64% at 11,138.85, the session's low.

Novartis ended lower by 3%. Swiss Re and Zurich Insurance Group ended down 2.2% and 2%, respectively. Roche Holding drifted down 1.45% and Holcim declined 1%.

Givaudan, Alcon, Swisscom, Swiss Life Holding and Sika lost 0.5 to 0.82%.

Richemont rallied 3.3%. Partners Group climbed nearly 2.5% and Lonza Group gained about 2%. Logitech International and UBS Group advanced 1.2% and 1%, respectively.

In the Mid Price Index, Meyer Burger Tech tumbled 5.6%. Helvetia and Flughafen Zurich lost 2% and 1.77%, respectively.

Tecan Group gained 3.82%. ams OSRAM AG and Swatch Group advanced 2.9% and 2.75%, respectively. VAT Group, Barry Callebaut, Julius Baer, SGS, Georg Fischer and Lindt & Spruengli ended higher by 1 to 1.6%.

read more
Japan Shares May Tick Lower Again On Friday

Japan Shares May Tick Lower Again On Friday

The Japan stock market on Thursday snapped the six-day winning streak in which it had surged more than 3,000 points or 7.3 percent. The Nikkei 225 now sits just beneath the 42,650-point plateau and it may remain stuck in neutral on Friday.
RTTNews | Před 29 minutami
Japan GDP Data Due On Friday

Japan GDP Data Due On Friday

Japan will on Friday release preliminary Q2 numbers for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to rise 0.1 percent on quarter and 0.4 percent on year following the flat quarterly reading and the 0.2 percent contraction in the three months prior. Capex is seen higher by 0.5 percent on quarter, easing from 1.1 percent in Q1.
RTTNews | Před 1 h 29 min
U.S. Dollar Firms After Strong PPI Data

U.S. Dollar Firms After Strong PPI Data

The U.S. dollar climbed against its major counterparts in the New York session on Thursday, following the release of hotter-than-expected producer inflation report for July.
RTTNews | Před 1 h 38 min
Swiss Market Ends Modestly Higher After Mild Struggle

Swiss Market Ends Modestly Higher After Mild Struggle

The Switzerland market recovered after a flat start on Thursday, and after staying positive till well past noon, suffered a setback but regained some strength to eventually end the day's session modestly higher.
RTTNews | Před 6 h 7 min
Major European Markets Close On Positive Note

Major European Markets Close On Positive Note

Amid expectations of a rate cut from the Federal Reserve in September, and hopes the meeting between the Presidents of the U.S. and Russia will help end the war in Ukraine, the major European markets closed on a positive note on Thursday, although the U.K. market underperformed other major markets in the region.
RTTNews | Před 6 h 23 min
U.S. Producer Price Growth Far Exceeds Estimates In July

U.S. Producer Price Growth Far Exceeds Estimates In July

Producer prices in the U.S. increased by much more than expected in the month of July, the Labor Department revealed in a report released on Thursday. The Labor Department said its producer price index for final demand shot up by 0.9 percent in July after coming in unchanged in June. Economists had expected producer prices to rise by 0.2 percent.
RTTNews | Před 8 h 51 min